Commit To Purchase American Railcar Industries At $30, Earn 6% Annualized Using Options
March 01, 2018 at 11:47 AM EST
Investors considering a purchase of American Railcar Industries Inc (ARII) shares, but cautious about paying the going market price of $37.66/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 $30 strike, which has a bid at the time of this writing of $1.00..