Commit To Purchase Clearwater Paper At $35, Earn 433.6% Annualized Using Options
May 14, 2024 at 11:31 AM EDT
Investors eyeing a purchase of Clearwater Paper Corp (CLW) shares, but cautious about paying the going market price of $50.68/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $35 strike, which has a bid at the time of this writing of $15.80..