Commit To Purchase Hertz Global Holdings At $12.50, Earn 16% Using Options
March 13, 2018 at 11:58 AM EDT
Investors eyeing a purchase of Hertz Global Holdings Inc (HTZ) stock, but tentative about paying the going market price of $20.68/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $12.50 strike, which has a bid at the time of this writing of $2.00..