Commit To Purchase Athenahealth At $70, Earn 7.7% Using Options
February 14, 2017 at 11:59 AM EST
Investors considering a purchase of Athenahealth Inc (ATHN) stock, but tentative about paying the going market price of $114.55/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $70 strike, which has a bid at the time of this writing of $5.40..