Commit To Purchase Altra Industrial Motion Corp At $25, Earn 6% Annualized Using Options
March 26, 2019 at 11:47 AM EDT
Investors eyeing a purchase of Altra Industrial Motion Corp (AIMC) stock, but tentative about paying the going market price of $30.14/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $25 strike, which has a bid at the time of this writing of $1.10..