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Commit To Buy Conduent At $7.50, Earn 10.4% Annualized Using Options

Investors eyeing a purchase of Conduent Inc (CNDT) shares, but cautious about paying the going market price of $9.46/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $7.50 strike, which has a bid at the time of this writing of 45 cents..
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