Commit To Purchase Addus HomeCare Corp At $30, Earn 12% Annualized Using Options
February 14, 2017 at 11:59 AM EST
Investors considering a purchase of Addus HomeCare Corp (ADUS) shares, but cautious about paying the going market price of $36.08/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 $30 strike, which has a bid at the time of this writing of $1.55..