Commit To Buy Arctic Cat At $7.50, Earn 10.4% Annualized Using Options
January 26, 2016 at 11:55 AM EST
Investors eyeing a purchase of Arctic Cat Inc (ACAT) shares, but tentative about paying the going market price of $11.56/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $7.50 strike, which has a bid at the time of this writing of 50 cents..