Commit To Purchase TPI Composites At $15, Earn 7.4% Annualized Using Options
February 16, 2018 at 11:58 AM EST
Investors considering a purchase of TPI Composites Inc (TPIC) shares, but cautious about paying the going market price of $19.35/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $15 strike, which has a bid at the time of this writing of 55 cents..