Commit To Purchase Argan At $35, Earn 11.3% Annualized Using Options
January 15, 2019 at 11:49 AM EST
Investors considering a purchase of Argan Inc (AGX) stock, but tentative about paying the going market price of $39.12/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $35 strike, which has a bid at the time of this writing of $2.00..