Commit To Buy Endo International At $50, Earn 9% Using Options
August 14, 2014 at 11:28 AM EDT
Investors considering a purchase of Endo International plc (ENDP) shares, but cautious about paying the going market price of $63.63/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $50 strike, which has a bid at the time of this writing of $4.50..