Commit To Buy Triple-S Management Corp At $20, Earn 13.2% Annualized Using Options
July 15, 2019 at 11:47 AM EDT
Investors considering a purchase of Triple-S Management Corp (GTS) stock, but tentative about paying the going market price of $24.69/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $20 strike, which has a bid at the time of this writing of $1.35..