Commit To Buy Welltower At $55, Earn 6.7% Using Options
May 27, 2016 at 11:46 AM EDT
Investors considering a purchase of Welltower Inc (HCN) shares, but tentative about paying the going market price of $68.98/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $55 strike, which has a bid at the time of this writing of $3.70..