Commit To Buy Drive Shack At $5, Earn 25.2% Annualized Using Options
March 20, 2019 at 11:56 AM EDT
Investors eyeing a purchase of Drive Shack Inc (DS) shares, but tentative about paying the going market price of $5.23/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May put at the $5 strike, which has a bid at the time of this writing of 20 cents..