Commit To Purchase Assurant At $60, Earn 4.5% Annualized Using Options
May 28, 2015 at 11:32 AM EDT
Investors eyeing a purchase of Assurant Inc (AIZ) stock, but cautious about paying the going market price of $65.70/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 $60 strike, which has a bid at the time of this writing of $1.50..