Commit To Buy CAI International At $22.50, Earn 9.7% Annualized Using Options
December 12, 2019 at 11:30 AM EST
Investors eyeing a purchase of CAI International Inc (CAI) shares, but cautious about paying the going market price of $25.68/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July 2020 put at the $22.50 strike, which has a bid at the time of this writing of $1.30..