Commit To Purchase Golden Entertainment At $15, Earn 16.9% Annualized Using Options
May 03, 2019 at 11:48 AM EDT
Investors considering a purchase of Golden Entertainment Inc (GDEN) shares, but cautious about paying the going market price of $15.41/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 $15 strike, which has a bid at the time of this writing of $1.60..