Commit To Purchase Eagle Materials At $60, Earn 5.4% Annualized Using Options
March 28, 2019 at 11:51 AM EDT
Investors eyeing a purchase of Eagle Materials Inc (EXP) shares, but cautious about paying the going market price of $72.15/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $60 strike, which has a bid at the time of this writing of $1.80..