Commit To Buy Triple-S Management Corp At $22.50, Earn 11.2% Annualized Using Options
February 22, 2018 at 11:45 AM EST
Investors considering a purchase of Triple-S Management Corp (GTS) stock, but tentative about paying the going market price of $25.64/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $22.50 strike, which has a bid at the time of this writing of $1.65..