Commit To Purchase American Science & Engineering At $35, Earn 15.3% Annualized Using Options
September 04, 2015 at 11:41 AM EDT
Investors considering a purchase of American Science & Engineering Inc (ASEI) shares, but cautious about paying the going market price of $38.95/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $35 strike, which has a bid at the time of this writing of $1.95..