Commit To Buy Eros International At $12.50, Earn 22.5% Annualized Using Options
June 30, 2016 at 11:52 AM EDT
Investors eyeing a purchase of Eros International plc (EROS) shares, but tentative about paying the going market price of $16.28/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 $12.50 strike, which has a bid at the time of this writing of $1.30..