Commit To Purchase Trupanion At $20, Earn 16.3% Annualized Using Options
September 28, 2018 at 11:49 AM EDT
Investors eyeing a purchase of Trupanion Inc (TRUP) stock, but tentative about paying the going market price of $36.21/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2019 put at the $20 strike, which has a bid at the time of this writing of $1.25..