Agree To Purchase Citizens Financial Group At $32.50, Earn 7.1% Annualized Using Options
September 16, 2019 at 13:48 PM EDT
Investors eyeing a purchase of Citizens Financial Group Inc (CFG) shares, but cautious about paying the going market price of $36.79/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2020 put at the $32.50 strike, which has a bid at the time of this writing of $1.35..
