Commit To Purchase Assurant At $72.50, Earn 3.9% Annualized Using Options
June 03, 2016 at 11:43 AM EDT
Investors eyeing a purchase of Assurant Inc (AIZ) stock, but tentative about paying the going market price of $84.61/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 $72.50 strike, which has a bid at the time of this writing of $1.50..