Commit To Purchase Chart Industries At $22.50, Earn 23.6% Annualized Using Options
April 21, 2016 at 11:42 AM EDT
Investors eyeing a purchase of Chart Industries Inc (GTLS) shares, but cautious about paying the going market price of $24.53/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 $22.50 strike, which has a bid at the time of this writing of $2.15..