Commit To Purchase Gentherm At $45, Earn 17.8% Annualized Using Options
November 16, 2015 at 11:32 AM EST
Investors considering a purchase of Gentherm Inc (THRM) shares, but cautious about paying the going market price of $46.06/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2016 put at the $45 strike, which has a bid at the time of this writing of $4.70..