Commit To Buy Triple-S Management Corp At $30, Earn 8.2% Annualized Using Options
July 17, 2018 at 11:46 AM EDT
Investors eyeing a purchase of Triple-S Management Corp (GTS) stock, but cautious about paying the going market price of $37.80/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $30 strike, which has a bid at the time of this writing of $1.25..