Commit To Purchase Welltower At $60, Earn 4.9% Using Options
August 26, 2016 at 11:47 AM EDT
Investors considering a purchase of Welltower Inc (HCN) shares, but cautious about paying the going market price of $76.99/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $60 strike, which has a bid at the time of this writing of $2.95..