Commit To Buy Covanta Holding Corp At $15, Earn 19.8% Annualized Using Options
December 06, 2018 at 11:55 AM EST
Investors considering a purchase of Covanta Holding Corp (CVA) shares, but tentative about paying the going market price of $15.53/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $15 strike, which has a bid at the time of this writing of 35 cents..