Commit To Buy Installed Building Products At $30, Earn 8.6% Annualized Using Options
January 17, 2019 at 11:51 AM EST
Investors considering a purchase of Installed Building Products Inc (IBP) shares, but cautious about paying the going market price of $38.87/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $30 strike, which has a bid at the time of this writing of $1.10..