Commit To Purchase Compass At $7, Earn 66.8% Annualized Using Options

Investors eyeing a purchase of Compass Inc (COMP) stock, but cautious about paying the going market price of $16405.00/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $7 strike, which has a bid at the time of this writing of $3.50..