Commit To Purchase Armstrong World Industries At $80, Earn 5.4% Annualized Using Options
December 04, 2019 at 11:53 AM EST
Investors considering a purchase of Armstrong World Industries Inc (AWI) stock, but cautious about paying the going market price of $93.59/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2020 put at the $80 strike, which has a bid at the time of this writing of $2.35..
