Commit To Purchase H&E Equipment Services At $10, Earn 13.9% Annualized Using Options
January 22, 2016 at 13:46 PM EST
Investors eyeing a purchase of H&E Equipment Services Inc (HEES) stock, but cautious about paying the going market price of $14.51/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $10 strike, which has a bid at the time of this writing of 80 cents..