Commit To Buy Patrick Industries At $30, Earn 38% Annualized Using Options
January 10, 2019 at 11:13 AM EST
Investors considering a purchase of Patrick Industries Inc (PATK) shares, but cautious about paying the going market price of $34.97/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January put at the $30 strike, which has a bid at the time of this writing of 25 cents..