Commit To Purchase HC2 Holdings At $2.50, Earn 12.4% Annualized Using Options
February 20, 2019 at 11:45 AM EST
Investors eyeing a purchase of HC2 Holdings Inc (HCHC) stock, but cautious about paying the going market price of $3.37/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $2.50 strike, which has a bid at the time of this writing of 15 cents..