Commit To Buy FreightCar America At $7.50, Earn 28.1% Annualized Using Options
January 16, 2019 at 11:52 AM EST
Investors considering a purchase of FreightCar America Inc (RAIL) stock, but tentative about paying the going market price of $7.53/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 $7.50 strike, which has a bid at the time of this writing of 90 cents..