Commit To Buy Urstadt Biddle Properties At $22.50, Earn 34.8% Annualized Using Options

Investors considering a purchase of Urstadt Biddle Properties Inc (UBA) stock, but tentative about paying the going market price of $23.36/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 $22.50 strike, which has a bid at the time of this writing of 15 cents..