Commit To Buy Gentherm At $30, Earn 8.6% Annualized Using Options
June 16, 2016 at 11:46 AM EDT
Investors eyeing a purchase of Gentherm Inc (THRM) stock, but cautious about paying the going market price of $36.73/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $30 strike, which has a bid at the time of this writing of $1.30..