Commit To Purchase Regional Management Corp At $12.50, Earn 9.8% Annualized Using Options
March 09, 2015 at 11:36 AM EDT
Investors eyeing a purchase of Regional Management Corp (RM) stock, but cautious about paying the going market price of $16.05/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $12.50 strike, which has a bid at the time of this writing of 65 cents..