Commit To Buy Capri Holdings At $25, Earn 10.2% Annualized Using Options
April 26, 2024 at 12:24 PM EDT
Investors considering a purchase of Capri Holdings Ltd (CPRI) stock, but tentative about paying the going market price of $35.20/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 $25 strike, which has a bid at the time of this writing of $1.85..