Agree To Purchase CBRE Group At $24, Earn 7.7% Annualized Using Options
October 20, 2016 at 11:50 AM EDT
Investors considering a purchase of CBRE Group Inc (CBG) shares, but cautious about paying the going market price of $27.29/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2017 put at the $24 strike, which has a bid at the time of this writing of 75 cents..