Commit To Buy Avanos Medical At $70, Earn 11.2% Annualized Using Options
September 11, 2018 at 12:47 PM EDT
Investors considering a purchase of Avanos Medical Inc (AVNS) shares, but cautious about paying the going market price of $70.91/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2019 put at the $70 strike, which has a bid at the time of this writing of $4.70..