Commit To Buy Career Education Corp At $18, Earn 6.8% Annualized Using Options
August 21, 2019 at 13:52 PM EDT
Investors considering a purchase of Career Education Corp (CECO) stock, but tentative about paying the going market price of $22.29/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2020 put at the $18 strike, which has a bid at the time of this writing of 80 cents..