Commit To Buy Cabelas At $40, Earn 8.2% Annualized Using Options
June 16, 2016 at 11:49 AM EDT
Investors eyeing a purchase of Cabelas Inc (CAB) stock, but cautious about paying the going market price of $49.06/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 $40 strike, which has a bid at the time of this writing of $1.65..