Commit To Buy Conns At $5, Earn 17% Using Options
May 26, 2016 at 11:48 AM EDT
Investors considering a purchase of Conns Inc (CONN) shares, but tentative about paying the going market price of $11.17/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $5 strike, which has a bid at the time of this writing of 85 cents..