Commit To Buy Energizer Holdings At $35, Earn 10.9% Annualized Using Options
September 29, 2015 at 11:36 AM EDT
Investors considering a purchase of Energizer Holdings Inc (ENR) stock, but cautious about paying the going market price of $39.89/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2016 put at the $35 strike, which has a bid at the time of this writing of $1.50..