Commit To Buy Conns At $25, Earn 8.8% Using Options
August 04, 2014 at 11:29 AM EDT
Investors eyeing a purchase of Conns Inc (CONN) shares, but tentative about paying the going market price of $40.10/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $25 strike, which has a bid at the time of this writing of $2.20..