Commit To Buy Core Mark Holding At $22.50, Earn 13.9% Annualized Using Options
January 09, 2019 at 11:53 AM EST
Investors considering a purchase of Core Mark Holding Co Inc (CORE) shares, but tentative about paying the going market price of $27.38/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May put at the $22.50 strike, which has a bid at the time of this writing of $1.10..