Commit To Purchase Trupanion At $20, Earn 7.7% Annualized Using Options
March 23, 2018 at 12:01 PM EDT
Investors eyeing a purchase of Trupanion Inc (TRUP) stock, but tentative about paying the going market price of $29.64/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 $20 strike, which has a bid at the time of this writing of $1.00..