Commit To Buy Conns At $18, Earn 14.7% Using Options
May 06, 2015 at 11:38 AM EDT
Investors considering a purchase of Conns Inc (CONN) shares, but tentative about paying the going market price of $30.25/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 $18 strike, which has a bid at the time of this writing of $2.65..