Commit To Buy Centene Corp At $60, Earn 6.7% Annualized Using Options
February 24, 2017 at 11:45 AM EST
Investors considering a purchase of Centene Corp (CNC) stock, but cautious about paying the going market price of $70.14/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $60 strike, which has a bid at the time of this writing of $2.25..