Commit To Buy Artisan Partners Asset Management At $35, Earn 10% Annualized Using Options
September 02, 2015 at 11:41 AM EDT
Investors eyeing a purchase of Artisan Partners Asset Management Inc (APAM) stock, but tentative about paying the going market price of $40.27/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2016 put at the $35 strike, which has a bid at the time of this writing of $1.90..