Commit To Buy Orion Group Holdings At $5, Earn 8.3% Annualized Using Options
February 14, 2018 at 11:54 AM EST
Investors eyeing a purchase of Orion Group Holdings Inc (ORN) shares, but tentative about paying the going market price of $6.70/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $5 strike, which has a bid at the time of this writing of 25 cents..