Commit To Purchase Ichor Holdings At $22.50, Earn 18.7% Using Options
May 02, 2019 at 11:51 AM EDT
Investors considering a purchase of Ichor Holdings Ltd (ICHR) shares, but tentative about paying the going market price of $24.76/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $22.50 strike, which has a bid at the time of this writing of $4.20..