Commit To Buy Oppenheimer Holdings At $22.50, Earn 11.2% Annualized Using Options
February 23, 2018 at 12:01 PM EST
Investors eyeing a purchase of Oppenheimer Holdings Inc (OPY) stock, but cautious about paying the going market price of $26.20/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $22.50 strike, which has a bid at the time of this writing of $1.45..