Commit To Buy Avis Budget Group At $25, Earn 10.6% Using Options
July 16, 2019 at 11:44 AM EDT
Investors considering a purchase of Avis Budget Group Inc (CAR) stock, but cautious about paying the going market price of $36.64/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $25 strike, which has a bid at the time of this writing of $2.65..