Commit To Purchase American Public Education At $20, Earn 15.1% Annualized Using Options
August 19, 2015 at 11:34 AM EDT
Investors eyeing a purchase of American Public Education Inc (APEI) shares, but tentative about paying the going market price of $21.96/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $20 strike, which has a bid at the time of this writing of $1.00..