Agree To Purchase Centene Corp At $52.50, Earn 8.1% Annualized Using Options
May 27, 2016 at 11:45 AM EDT
Investors eyeing a purchase of Centene Corp (CNC) stock, but tentative about paying the going market price of $61.82/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 $52.50 strike, which has a bid at the time of this writing of $2.35..