Commit To Purchase CAI International At $7.50, Earn 13% Annualized Using Options
May 06, 2016 at 11:36 AM EDT
Investors considering a purchase of CAI International Inc (CAI) stock, but cautious about paying the going market price of $9.34/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $7.50 strike, which has a bid at the time of this writing of 45 cents..