Commit To Buy City Office REIT At $2.50, Earn 7.4% Annualized Using Options
April 03, 2024 at 12:22 PM EDT
Investors eyeing a purchase of City Office REIT Inc (CIO) stock, but tentative about paying the going market price of $4.69/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 $2.50 strike, which has a bid at the time of this writing of 10 cents..