Commit To Purchase Covenant Transportation Group At $10, Earn 7.1% Annualized Using Options
January 30, 2020 at 14:37 PM EST
Investors eyeing a purchase of Covenant Transportation Group Inc (CVTI) shares, but cautious about paying the going market price of $13.56/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 $10 strike, which has a bid at the time of this writing of 45 cents..