Commit To Purchase Columbia Financial At $5, Earn 2190% Annualized Using Options
June 11, 2024 at 12:24 PM EDT
Investors considering a purchase of Columbia Financial Inc (CLBK) stock, but cautious about paying the going market price of $14.05/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $5 strike, which has a bid at the time of this writing of $3.00..