Commit To Buy Conns At $5, Earn 13% Using Options
October 17, 2016 at 11:39 AM EDT
Investors considering a purchase of Conns Inc (CONN) shares, but tentative about paying the going market price of $9.04/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 65 cents..