Commit To Buy Chart Industries At $30, Earn 10.2% Annualized Using Options
February 24, 2017 at 11:42 AM EST
Investors eyeing a purchase of Chart Industries Inc (GTLS) stock, but tentative about paying the going market price of $36.55/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 $30 strike, which has a bid at the time of this writing of $1.70..