Agree To Purchase Corplay At $280, Earn 4.3% Using Options
October 23, 2024 at 11:40 AM EDT
Investors considering a purchase of Corplay Inc (CPAY) stock, but cautious about paying the going market price of $350.15/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2027 put at the $280 strike, which has a bid at the time of this writing of $12.00..