Commit To Buy Innophos Holdings At $35, Earn 4.5% Annualized Using Options
August 16, 2018 at 12:09 PM EDT
Investors considering a purchase of Innophos Holdings Inc (IPHS) stock, but tentative about paying the going market price of $43.17/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2019 put at the $35 strike, which has a bid at the time of this writing of 90 cents..