Agree To Buy Charter Communications At $380, Earn 3.3% Using Options
December 30, 2019 at 11:53 AM EST
Investors considering a purchase of Charter Communications Inc (CHTR) shares, but cautious about paying the going market price of $482.95/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $380 strike, which has a bid at the time of this writing of $12.70..
