Agree To Purchase Cameron International Corp At $55, Earn 6.4% Using Options
November 24, 2015 at 11:36 AM EST
Investors eyeing a purchase of Cameron International Corp (CAM) stock, but tentative about paying the going market price of $68.30/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $55 strike, which has a bid at the time of this writing of $3.50..