Commit To Purchase Koppers Holdings At $22.50, Earn 8.2% Annualized Using Options
May 08, 2019 at 11:55 AM EDT
Investors eyeing a purchase of Koppers Holdings Inc (KOP) stock, but tentative about paying the going market price of $29.24/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $22.50 strike, which has a bid at the time of this writing of $1.15..