Commit To Purchase Evolent Health At $15, Earn 16.7% Annualized Using Options
December 01, 2016 at 11:54 AM EST
Investors eyeing a purchase of Evolent Health Inc (EVH) stock, but cautious about paying the going market price of $18.35/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2017 put at the $15 strike, which has a bid at the time of this writing of $1.35..