Commit To Buy CTS At $20, Earn 277.8% Annualized Using Options
May 13, 2024 at 13:19 PM EDT
Investors considering a purchase of CTS Corp (CTS) shares, but cautious about paying the going market price of $51.28/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $20 strike, which has a bid at the time of this writing of $10.20..