Commit To Purchase Restoration Hardware Holdings At $22.50, Earn 14.2% Using Options
April 18, 2017 at 13:44 PM EDT
Investors considering a purchase of Restoration Hardware Holdings (RH) stock, but tentative about paying the going market price of $47.06/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 $22.50 strike, which has a bid at the time of this writing of $3.20..