Commit To Purchase Advanced Energy Industries At $40, Earn 5.1% Annualized Using Options
February 26, 2020 at 12:35 PM EST
Investors eyeing a purchase of Advanced Energy Industries Inc (AEIS) stock, but tentative about paying the going market price of $61.02/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 $40 strike, which has a bid at the time of this writing of $1.65..