Commit To Purchase Live Oak Bancshares At $12.50, Earn 9% Annualized Using Options
February 04, 2019 at 11:50 AM EST
Investors eyeing a purchase of Live Oak Bancshares Inc (LOB) shares, but tentative about paying the going market price of $15.15/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $12.50 strike, which has a bid at the time of this writing of 70 cents..