Commit To Purchase Crown Castle International At $75, Earn 4.7% Using Options
March 15, 2018 at 12:01 PM EDT
Investors eyeing a purchase of Crown Castle International Corp (CCI) shares, but tentative about paying the going market price of $110.90/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $75 strike, which has a bid at the time of this writing of $3.50..