Commit To Buy CVS Health Corporation At $60, Earn 5.8% Annualized Using Options
June 18, 2018 at 11:09 AM EDT
Investors considering a purchase of CVS Health Corporation (CVS) stock, but tentative about paying the going market price of $68.32/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $60 strike, which has a bid at the time of this writing of $1.44..