Commit To Purchase Limoneira At $22.50, Earn 9.7% Annualized Using Options
March 13, 2019 at 11:49 AM EDT
Investors considering a purchase of Limoneira Co (LMNR) shares, but cautious about paying the going market price of $25.11/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $22.50 strike, which has a bid at the time of this writing of 60 cents..