Commit To Buy Cimpress At $85, Earn 15.7% Annualized Using Options
February 15, 2024 at 14:52 PM EST
Investors eyeing a purchase of Cimpress PLC (CMPR) stock, but tentative about paying the going market price of $91.14/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $85 strike, which has a bid at the time of this writing of $9.00..