Commit To Purchase Capella Education Company At $55, Earn 6.8% Annualized Using Options
February 12, 2018 at 11:43 AM EST
Investors considering a purchase of Capella Education Company (CPLA) shares, but cautious about paying the going market price of $78.45/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 $55 strike, which has a bid at the time of this writing of $2.25..