Commit To Purchase Avanos Medical At $30, Earn 4.8% Annualized Using Options
July 23, 2019 at 11:55 AM EDT
Investors considering a purchase of Avanos Medical Inc (AVNS) stock, but tentative about paying the going market price of $39.94/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $30 strike, which has a bid at the time of this writing of 70 cents..