Commit To Buy Cavco Industries At $130, Earn 13.5% Annualized Using Options
February 14, 2019 at 11:55 AM EST
Investors eyeing a purchase of Cavco Industries Inc (CVCO) stock, but tentative about paying the going market price of $140.78/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $130 strike, which has a bid at the time of this writing of $10.50..