Commit To Buy America's Car-Mart At $70, Earn 10.5% Annualized Using Options
November 20, 2018 at 11:34 AM EST
Investors considering a purchase of America's Car-Mart Inc (CRMT) shares, but cautious about paying the going market price of $79.15/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 $70 strike, which has a bid at the time of this writing of $4.30..