Commit To Purchase Acacia Research Corp At $2.50, Earn 23.9% Annualized Using Options
August 17, 2017 at 11:31 AM EDT
Investors eyeing a purchase of Acacia Research Corp (ACTG) shares, but tentative about paying the going market price of $2.92/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2018 put at the $2.50 strike, which has a bid at the time of this writing of 30 cents..