Commit To Buy CVR Energy At $20, Earn 20.3% Annualized Using Options
July 24, 2017 at 13:09 PM EDT
Investors considering a purchase of CVR Energy Inc (CVI) shares, but tentative about paying the going market price of $22.10/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $20 strike, which has a bid at the time of this writing of $1.60..