Commit To Purchase OM Asset Management At $12.50, Earn 6.6% Annualized Using Options
October 13, 2015 at 11:43 AM EDT
Investors eyeing a purchase of OM Asset Management PLC (OMAM) shares, but cautious about paying the going market price of $14.65/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2016 put at the $12.50 strike, which has a bid at the time of this writing of 50 cents..