Commit To Buy Gentherm At $40, Earn 6.5% Annualized Using Options
August 16, 2018 at 12:07 PM EDT
Investors considering a purchase of Gentherm Inc (THRM) shares, but cautious about paying the going market price of $46.40/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 $40 strike, which has a bid at the time of this writing of $1.50..