Commit To Purchase Intrawest Resorts Holdings At $7.50, Earn 8.3% Annualized Using Options
November 20, 2015 at 11:39 AM EST
Investors eyeing a purchase of Intrawest Resorts Holdings Inc (SNOW) shares, but tentative about paying the going market price of $8.54/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2016 put at the $7.50 strike, which has a bid at the time of this writing of 25 cents..