Commit To Purchase Addus HomeCare Corp At $55, Earn 6.2% Annualized Using Options
November 26, 2018 at 11:38 AM EST
Investors eyeing a purchase of Addus HomeCare Corp (ADUS) shares, but tentative about paying the going market price of $68.85/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July 2019 put at the $55 strike, which has a bid at the time of this writing of $2.20..