Commit To Purchase Forterra At $7.50, Earn 10.5% Annualized Using Options

Investors eyeing a purchase of Forterra Inc (FRTA) stock, but cautious about paying the going market price of $8.69/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2019 put at the $7.50 strike, which has a bid at the time of this writing of 50 cents..