Commit To Buy Lumber Liquidators Holdings At $10, Earn 7% Using Options
December 28, 2016 at 11:44 AM EST
Investors eyeing a purchase of Lumber Liquidators Holdings Inc (LL) shares, but tentative about paying the going market price of $16.34/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 $10 strike, which has a bid at the time of this writing of 70 cents..