Commit To Purchase Great Western Bancorp At $22.50, Earn 4.7% Annualized Using Options
August 07, 2019 at 11:56 AM EDT
Investors considering a purchase of Great Western Bancorp Inc (GWB) shares, but tentative about paying the going market price of $29.72/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2020 put at the $22.50 strike, which has a bid at the time of this writing of 65 cents..