Commit To Buy LendingTree At $185, Earn 8.5% Using Options
November 15, 2017 at 11:37 AM EST
Investors considering a purchase of LendingTree Inc (TREE) shares, but cautious about paying the going market price of $264.45/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December 2018 put at the $185 strike, which has a bid at the time of this writing of $15.70..