Commit To Buy Hawaiian Holdings At $22, Earn 14% Annualized Using Options
August 14, 2015 at 11:43 AM EDT
Investors eyeing a purchase of Hawaiian Holdings Inc (HA) stock, but cautious about paying the going market price of $25.04/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $22 strike, which has a bid at the time of this writing of $1.30..