Commit To Buy American Public Education At $20, Earn 9.8% Annualized Using Options
December 30, 2016 at 11:34 AM EST
Investors considering a purchase of American Public Education Inc (APEI) shares, but tentative about paying the going market price of $25.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2017 put at the $20 strike, which has a bid at the time of this writing of 90 cents..