Commit To Purchase Triple-S Management Corp At $17.50, Earn 35.1% Annualized Using Options
October 15, 2018 at 11:55 AM EDT
Investors eyeing a purchase of Triple-S Management Corp (GTS) shares, but cautious about paying the going market price of $17.55/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $17.50 strike, which has a bid at the time of this writing of $1.60..