Commit To Buy Cooper-Standard Holdings At $12.50, Earn 23.7% Annualized Using Options
April 16, 2024 at 12:48 PM EDT
Investors considering a purchase of Cooper-Standard Holdings Inc (CPS) stock, but cautious about paying the going market price of $15.66/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 $12.50 strike, which has a bid at the time of this writing of $1.50..