Commit To Buy Charter Communications At $150, Earn 7.2% Using Options
August 19, 2015 at 11:34 AM EDT
Investors considering a purchase of Charter Communications Inc (CHTR) shares, but tentative about paying the going market price of $187.44/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $150 strike, which has a bid at the time of this writing of $10.80..