Commit To Buy AMC Networks At $50, Earn 8.1% Annualized Using Options
October 29, 2018 at 11:12 AM EDT
Investors eyeing a purchase of AMC Networks Inc (AMCX) stock, but cautious about paying the going market price of $55.87/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2019 put at the $50 strike, which has a bid at the time of this writing of $2.60..