Commit To Buy CVR Energy At $35, Earn 9.7% Annualized Using Options
September 11, 2015 at 11:35 AM EDT
Investors considering a purchase of CVR Energy Inc (CVI) shares, but cautious about paying the going market price of $39.94/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2016 put at the $35 strike, which has a bid at the time of this writing of $1.75..