Commit To Buy Headwaters At $9, Earn 8.5% Annualized Using Options
October 13, 2014 at 11:37 AM EDT
Investors eyeing a purchase of Headwaters Inc (HW) shares, but cautious about paying the going market price of $10.85/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2015 put at the $9 strike, which has a bid at the time of this writing of 45 cents..