Commit To Purchase Eros International At $10, Earn 20.4% Annualized Using Options
January 06, 2017 at 11:59 AM EST
Investors eyeing a purchase of Eros International plc (EROS) shares, but cautious about paying the going market price of $11.60/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $10 strike, which has a bid at the time of this writing of 90 cents..