Commit To Buy Liquidity Services At $5, Earn 6.9% Annualized Using Options
August 19, 2015 at 11:38 AM EDT
Investors considering a purchase of Liquidity Services Inc (LQDT) stock, but tentative about paying the going market price of $7.67/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2016 put at the $5 strike, which has a bid at the time of this writing of 20 cents..