Agree To Purchase Cintas Corporation At $160, Earn 129.3% Annualized Using Options
December 18, 2018 at 11:12 AM EST
Investors considering a purchase of Cintas Corporation (CTAS) shares, but cautious about paying the going market price of $165.38/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $160 strike, which has a bid at the time of this writing of $1.70..