Commit To Buy Consolidated Water At $12.50, Earn 13.9% Annualized Using Options
November 09, 2018 at 13:00 PM EST
Investors eyeing a purchase of Consolidated Water Co Ltd (CWCO) shares, but cautious about paying the going market price of $12.50/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2019 put at the $12.50 strike, which has a bid at the time of this writing of 90 cents..