Commit To Buy Intrawest Resorts Holdings At $7.50, Earn 10.2% Annualized Using Options
April 14, 2016 at 11:42 AM EDT
Investors considering a purchase of Intrawest Resorts Holdings Inc (SNOW) stock, but cautious about paying the going market price of $8.80/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $7.50 strike, which has a bid at the time of this writing of 40 cents..