Commit To Purchase Schweitzer-Mauduit International At $30, Earn 12.5% Annualized Using Options
February 14, 2019 at 11:53 AM EST
Investors considering a purchase of Schweitzer-Mauduit International Inc (SWM) shares, but tentative about paying the going market price of $33.17/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 $1.30..