Agree To Buy Constellation Brands At $100, Earn 3.2% Using Options
December 04, 2019 at 12:39 PM EST
Investors considering a purchase of Constellation Brands Inc (STZ) shares, but cautious about paying the going market price of $182.07/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2022 put at the $100 strike, which has a bid at the time of this writing of $3.20..