Commit To Purchase Corplay At $270, Earn 9.3% Annualized Using Options
July 12, 2024 at 11:35 AM EDT
Investors eyeing a purchase of Corplay Inc (CPAY) shares, but tentative about paying the going market price of $286.96/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $270 strike, which has a bid at the time of this writing of $8.70..