Commit To Purchase Chart Industries At $50, Earn 8% Using Options
September 22, 2014 at 12:14 PM EDT
Investors considering a purchase of Chart Industries Inc (GTLS) shares, but cautious about paying the going market price of $61.93/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 $50 strike, which has a bid at the time of this writing of $4.00..