Commit To Buy Costamare At $6, Earn 7.1% Annualized Using Options
August 14, 2018 at 11:58 AM EDT
Investors considering a purchase of Costamare Inc (CMRE) stock, but tentative about paying the going market price of $7.07/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2019 put at the $6 strike, which has a bid at the time of this writing of 25 cents..