Commit To Buy Under Armour At $15, Earn 11% Using Options
February 22, 2017 at 11:53 AM EST
Investors considering a purchase of Under Armour Inc (UA) shares, but tentative about paying the going market price of $19.80/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 $15 strike, which has a bid at the time of this writing of $1.65..