Commit To Purchase Costamare At $4, Earn 6.1% Annualized Using Options
July 23, 2019 at 11:56 AM EDT
Investors eyeing a purchase of Costamare Inc (CMRE) shares, but cautious about paying the going market price of $5.46/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $4 strike, which has a bid at the time of this writing of 10 cents..