Agree To Purchase CBRE Group At $87.50, Earn 6.8% Annualized Using Options
July 12, 2024 at 11:38 AM EDT
Investors considering a purchase of CBRE Group Inc (CBRE) stock, but tentative about paying the going market price of $94.68/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2025 put at the $87.50 strike, which has a bid at the time of this writing of $3.10..