Commit To Buy Koppers Holdings At $25, Earn 7.4% Annualized Using Options
November 06, 2019 at 11:52 AM EST
Investors eyeing a purchase of Koppers Holdings Inc (KOP) shares, but cautious about paying the going market price of $34.81/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2020 put at the $25 strike, which has a bid at the time of this writing of $1.15..