Commit To Buy Career Education At $4, Earn 11.3% Annualized Using Options
November 06, 2014 at 11:47 AM EST
Investors eyeing a purchase of Career Education Corp (CECO) stock, but tentative about paying the going market price of $5.61/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2015 put at the $4 strike, which has a bid at the time of this writing of 20 cents..