Commit To Purchase Cimpress At $95, Earn 14.6% Annualized Using Options
August 07, 2019 at 11:52 AM EDT
Investors eyeing a purchase of Cimpress NV (CMPR) shares, but cautious about paying the going market price of $105.79/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $95 strike, which has a bid at the time of this writing of $6.20..