Commit To Purchase Advisory Board Company At $35, Earn 11.3% Annualized Using Options
October 21, 2016 at 11:35 AM EDT
Investors eyeing a purchase of Advisory Board Company (ABCO) stock, but tentative about paying the going market price of $42.98/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2017 put at the $35 strike, which has a bid at the time of this writing of $1.60..