Commit To Purchase Veritex Holdings At $20, Earn 4.8% Annualized Using Options
December 03, 2019 at 13:54 PM EST
Investors eyeing a purchase of Veritex Holdings Inc (VBTX) shares, but cautious about paying the going market price of $25.43/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July 2020 put at the $20 strike, which has a bid at the time of this writing of 60 cents..