Commit To Purchase CBL & Associates Properties At $12.50, Earn 2080.5% Annualized Using Options
May 13, 2024 at 13:32 PM EDT
Investors considering a purchase of CBL & Associates Properties Inc (CBL) stock, but cautious about paying the going market price of $22.04/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May put at the $12.50 strike, which has a bid at the time of this writing of $2.85..