Commit To Buy Town Sports International Holdings At $5, Earn 15.2% Annualized Using Options
January 04, 2019 at 11:31 AM EST
Investors eyeing a purchase of Town Sports International Holdings Inc (CLUB) stock, but tentative about paying the going market price of $6.48/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 $5 strike, which has a bid at the time of this writing of 35 cents..