Commit To Purchase Trupanion At $7.50, Earn 8.1% Annualized Using Options
March 22, 2016 at 11:36 AM EDT
Investors eyeing a purchase of Trupanion Inc (TRUP) shares, but tentative about paying the going market price of $9.39/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $7.50 strike, which has a bid at the time of this writing of 40 cents..