Commit To Purchase America's Car-Mart At $85, Earn 6.9% Annualized Using Options
November 26, 2019 at 12:01 PM EST
Investors considering a purchase of America's Car-Mart Inc (CRMT) stock, but cautious about paying the going market price of $104.79/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2020 put at the $85 strike, which has a bid at the time of this writing of $3.30..