Commit To Purchase Andersons At $22.50, Earn 4.5% Annualized Using Options
December 07, 2018 at 13:11 PM EST
Investors eyeing a purchase of Andersons Inc (ANDE) stock, but cautious about paying the going market price of $31.27/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 $22.50 strike, which has a bid at the time of this writing of 55 cents..