Commit To Buy America's Car-Mart At $22.50, Earn 26.5% Annualized Using Options
June 10, 2016 at 14:04 PM EDT
Investors considering a purchase of America's Car-Mart Inc (CRMT) shares, but cautious about paying the going market price of $23.99/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 $22.50 strike, which has a bid at the time of this writing of $1.60..