Commit To Buy Aeropostale At $2, Earn 30% Using Options
December 15, 2014 at 12:08 PM EST
Investors eyeing a purchase of Aeropostale Inc (ARO) shares, but cautious about paying the going market price of $2.32/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $2 strike, which has a bid at the time of this writing of 60 cents..