Commit To Buy Collectors Universe At $12.50, Earn 7.6% Annualized Using Options
February 16, 2018 at 11:53 AM EST
Investors eyeing a purchase of Collectors Universe Inc (CLCT) shares, but cautious about paying the going market price of $15.53/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $12.50 strike, which has a bid at the time of this writing of 40 cents..