Commit To Purchase Avanos Medical At $25, Earn 6.5% Annualized Using Options
February 25, 2020 at 13:15 PM EST
Investors eyeing a purchase of Avanos Medical Inc (AVNS) stock, but cautious about paying the going market price of $34.76/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $25 strike, which has a bid at the time of this writing of $1.05..