Commit To Purchase Allegheny Technologies At $20, Earn 10% Using Options
October 17, 2017 at 11:35 AM EDT
Investors eyeing a purchase of Allegheny Technologies, Inc (ATI) shares, but tentative about paying the going market price of $25.00/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 $20 strike, which has a bid at the time of this writing of $2.00..