Commit To Buy Caesars Acquisition At $12.50, Earn 21.5% Annualized Using Options
March 13, 2017 at 11:40 AM EDT
Investors eyeing a purchase of Caesars Acquisition Co (CACQ) stock, but cautious about paying the going market price of $14.40/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $12.50 strike, which has a bid at the time of this writing of 70 cents..