Commit To Buy American Railcar Industries At $30, Earn 10.9% Annualized Using Options
January 26, 2016 at 11:54 AM EST
Investors eyeing a purchase of American Railcar Industries Inc (ARII) shares, but cautious about paying the going market price of $44.03/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 $30 strike, which has a bid at the time of this writing of $2.10..