Commit To Purchase Republic Airways Holdings At $1, Earn 9.5% Annualized Using Options
February 08, 2016 at 11:44 AM EST
Investors considering a purchase of Republic Airways Holdings Inc (RJET) shares, but tentative about paying the going market price of $1.76/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $1 strike, which has a bid at the time of this writing of 5 cents..