Commit To Purchase Cimpress At $125, Earn 8.8% Annualized Using Options
August 08, 2018 at 11:46 AM EDT
Investors eyeing a purchase of Cimpress NV (CMPR) shares, but tentative about paying the going market price of $144.52/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 $125 strike, which has a bid at the time of this writing of $4.90..