Commit To Purchase Costamare At $5, Earn 8.4% Annualized Using Options
February 15, 2018 at 11:46 AM EST
Investors considering a purchase of Costamare Inc (CMRE) shares, but tentative about paying the going market price of $6.25/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 $5 strike, which has a bid at the time of this writing of 25 cents..