Commit To Purchase Cardtronics At $30, Earn 13.4% Annualized Using Options
October 02, 2015 at 11:43 AM EDT
Investors eyeing a purchase of Cardtronics Inc (CATM) stock, but tentative about paying the going market price of $31.92/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2016 put at the $30 strike, which has a bid at the time of this writing of $1.85..