Commit To Buy DeVry Education Group At $17.50, Earn 10.4% Annualized Using Options
October 20, 2016 at 11:49 AM EDT
Investors eyeing a purchase of DeVry Education Group Inc (DV) shares, but cautious about paying the going market price of $22.37/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2017 put at the $17.50 strike, which has a bid at the time of this writing of $1.05..