Commit To Buy TrueBlue At $22.50, Earn 10% Annualized Using Options
April 12, 2017 at 11:39 AM EDT
Investors eyeing a purchase of TrueBlue Inc (TBI) shares, but cautious about paying the going market price of $25.95/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $22.50 strike, which has a bid at the time of this writing of $1.35..