Commit To Purchase Verra Mobility Corp At $12.50, Earn 12.5% Annualized Using Options
August 16, 2019 at 11:48 AM EDT
Investors eyeing a purchase of Verra Mobility Corp (VRRM) stock, but tentative about paying the going market price of $13.97/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $12.50 strike, which has a bid at the time of this writing of 15 cents..