Commit To Buy Commercial Vehicle Group At $5, Earn 6.2% Annualized Using Options
October 29, 2018 at 11:13 AM EDT
Investors eyeing a purchase of Commercial Vehicle Group Inc (CVGI) shares, but tentative about paying the going market price of $6.79/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2019 put at the $5 strike, which has a bid at the time of this writing of 20 cents..