Commit To Buy DMC Global At $30, Earn 15% Using Options
October 10, 2019 at 13:44 PM EDT
Investors eyeing a purchase of DMC Global Inc (BOOM) shares, but cautious about paying the going market price of $38.86/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $30 strike, which has a bid at the time of this writing of $4.50..