Commit To Buy Cogint At $2.50, Earn 31.7% Annualized Using Options
March 15, 2018 at 12:01 PM EDT
Investors considering a purchase of Cogint Inc (COGT) stock, but tentative about paying the going market price of $3.30/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $2.50 strike, which has a bid at the time of this writing of 20 cents..