Agree To Buy Celanese Corp At $90, Earn 6.3% Annualized Using Options
February 19, 2019 at 11:55 AM EST
Investors considering a purchase of Celanese Corp (CE) shares, but cautious about paying the going market price of $100.44/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $90 strike, which has a bid at the time of this writing of $3.30..
