This Bearish Put Option On Coca-Cola Stock Could Really Pop
Coca-Cola is a popular stock and a well-run company. This put has a cost of $1.45, which equates to a maximum loss of $145 in the event Coca-Cola stock trades above 61 on expiry. This trade has a break-even price of 59.55 and could earn multiples of profit in the event of a steep decline in Coca-Cola's share price.