Commit To Buy Altisource Portfolio Solutions At $20, Earn 12% Annualized Using Options
January 19, 2017 at 13:21 PM EST
Investors eyeing a purchase of Altisource Portfolio Solutions SA (ASPS) shares, but cautious about paying the going market price of $26.35/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $20 strike, which has a bid at the time of this writing of $1.20..