Commit To Buy Intrepid Potash At $2, Earn 28.4% Annualized Using Options
February 04, 2016 at 11:51 AM EST
Investors considering a purchase of Intrepid Potash Inc (IPI) stock, but cautious about paying the going market price of $2.19/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 $2 strike, which has a bid at the time of this writing of 35 cents..