Commit To Buy Caesarstone At $30, Earn 9.8% Annualized Using Options
June 15, 2017 at 12:05 PM EDT
Investors considering a purchase of Caesarstone Ltd (CSTE) shares, but cautious about paying the going market price of $34.50/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 $30 strike, which has a bid at the time of this writing of $1.75..