Commit To Buy America's Car-Mart At $30, Earn 9.4% Annualized Using Options
April 19, 2017 at 14:48 PM EDT
Investors considering a purchase of America's Car-Mart Inc (CRMT) shares, but tentative about paying the going market price of $37.35/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 $30 strike, which has a bid at the time of this writing of $1.15..