Commit To Buy Geo Group At $25, Earn 6.6% Annualized Using Options
November 20, 2015 at 11:35 AM EST
Investors eyeing a purchase of Geo Group Inc (GEO) shares, but tentative about paying the going market price of $29.56/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2016 put at the $25 strike, which has a bid at the time of this writing of 95 cents..