Commit To Purchase America's Car-Mart At $70, Earn 8% Annualized Using Options
February 22, 2019 at 13:50 PM EST
Investors eyeing a purchase of America's Car-Mart Inc (CRMT) stock, but cautious about paying the going market price of $86.17/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 $70 strike, which has a bid at the time of this writing of $3.20..