Commit To Purchase eHealth At $20, Earn 15.3% Annualized Using Options
September 21, 2017 at 12:21 PM EDT
Investors eyeing a purchase of eHealth Inc (EHTH) stock, but tentative about paying the going market price of $23.49/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2018 put at the $20 strike, which has a bid at the time of this writing of $2.00..