Commit To Buy Liquidity Services At $5, Earn 7.9% Annualized Using Options
June 14, 2016 at 11:45 AM EDT
Investors eyeing a purchase of Liquidity Services Inc (LQDT) shares, but cautious about paying the going market price of $7.13/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 $5 strike, which has a bid at the time of this writing of 20 cents..