Agree To Purchase Under Armour At $12.50, Earn 7.2% Using Options
May 24, 2017 at 11:38 AM EDT
Investors considering a purchase of Under Armour Inc (UA) stock, but tentative about paying the going market price of $18.12/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $12.50 strike, which has a bid at the time of this writing of 90 cents..