Commit To Purchase Career Education Corp At $11, Earn 8.2% Annualized Using Options
April 20, 2018 at 11:43 AM EDT
Investors eyeing a purchase of Career Education Corp (CECO) stock, but cautious about paying the going market price of $13.69/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $11 strike, which has a bid at the time of this writing of 45 cents..