Commit To Buy GrubHub At $25, Earn 7.8% Using Options
September 27, 2016 at 11:38 AM EDT
Investors considering a purchase of GrubHub Inc (GRUB) stock, but tentative about paying the going market price of $42.83/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 $25 strike, which has a bid at the time of this writing of $1.95..