Commit To Purchase Titan International At $5, Earn 12.7% Annualized Using Options
May 02, 2016 at 11:38 AM EDT
Investors considering a purchase of Titan International Inc (TWI) shares, but tentative about paying the going market price of $6.58/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 $5 strike, which has a bid at the time of this writing of 30 cents..