Commit To Purchase Titan International At $2.50, Earn 39.5% Annualized Using Options
February 01, 2016 at 11:38 AM EST
Investors considering a purchase of Titan International Inc (TWI) stock, but tentative about paying the going market price of $2.96/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April put at the $2.50 strike, which has a bid at the time of this writing of 20 cents..