Commit To Purchase Alliance One International At $15, Earn 20% Annualized Using Options
January 03, 2017 at 11:51 AM EST
Investors considering a purchase of Alliance One International Inc (AOI) stock, but cautious about paying the going market price of $19.05/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March put at the $15 strike, which has a bid at the time of this writing of 60 cents..