Commit To Buy Cooper-Standard Holdings At $20, Earn 13.4% Annualized Using Options
December 05, 2019 at 13:20 PM EST
Investors eyeing a purchase of Cooper-Standard Holdings Inc (CPS) stock, but tentative about paying the going market price of $27.83/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July 2020 put at the $20 strike, which has a bid at the time of this writing of $1.65..