Commit To Buy Walter Investment Management Corp At $9, Earn 18.8% Annualized Using Options
January 07, 2016 at 11:39 AM EST
Investors considering a purchase of Walter Investment Management Corp (WAC) stock, but tentative about paying the going market price of $14.85/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $9 strike, which has a bid at the time of this writing of 75 cents..