Commit To Purchase Generac Holdings At $30, Earn 9.3% Annualized Using Options
May 19, 2016 at 11:51 AM EDT
Investors eyeing a purchase of Generac Holdings Inc (GNRC) shares, but cautious about paying the going market price of $34.71/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $30 strike, which has a bid at the time of this writing of $1.40..