Commit To Purchase American Railcar Industries At $30, Earn 8.9% Annualized Using Options
May 18, 2017 at 13:04 PM EDT
Investors considering a purchase of American Railcar Industries Inc (ARII) shares, but tentative about paying the going market price of $36.08/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 $30 strike, which has a bid at the time of this writing of $1.55..