Commit To Buy Intrepid Potash At $2, Earn 22.5% Annualized Using Options
July 06, 2017 at 11:35 AM EDT
Investors considering a purchase of Intrepid Potash Inc (IPI) shares, but cautious about paying the going market price of $2.42/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $2 strike, which has a bid at the time of this writing of 20 cents..