Agree To Purchase Charter Communications At $325, Earn 7.9% Annualized Using Options
January 22, 2018 at 11:56 AM EST
Investors eyeing a purchase of Charter Communications Inc (CHTR) stock, but cautious about paying the going market price of $369.84/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 $325 strike, which has a bid at the time of this writing of $17.00..