Commit To Purchase Charter Communications At $230, Earn 3.6% Using Options
April 25, 2019 at 11:55 AM EDT
Investors considering a purchase of Charter Communications Inc (CHTR) stock, but tentative about paying the going market price of $365.80/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $230 strike, which has a bid at the time of this writing of $8.30..