Commit To Purchase Team At $22.50, Earn 10.5% Annualized Using Options
May 05, 2017 at 11:47 AM EDT
Investors eyeing a purchase of Team Inc (TISI) shares, but cautious about paying the going market price of $26.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $22.50 strike, which has a bid at the time of this writing of $1.45..