Commit To Purchase Roadrunner Transportation Systems At $20, Earn 11.2% Annualized Using Options
August 21, 2015 at 15:02 PM EDT
Investors eyeing a purchase of Roadrunner Transportation Systems Inc (RRTS) stock, but tentative about paying the going market price of $22.41/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $20 strike, which has a bid at the time of this writing of 90 cents..