Commit To Buy Cincinnati Bell Inc At $2.50, Earn 18.4% Annualized
Investors eyeing a purchase of Cincinnati Bell Inc (CBB) shares, but tentative about paying the going market price of $3.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $2.50 strike, which has a bid at the time of this writing of 20 cents.
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