Commit To Purchase Restoration Hardware Holdings At $30, Earn 13.7% Using Options
July 21, 2017 at 13:34 PM EDT
Investors eyeing a purchase of Restoration Hardware Holdings (RH) stock, but cautious about paying the going market price of $75.51/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $30 strike, which has a bid at the time of this writing of $4.10..