Commit To Purchase Addus HomeCare Corp At $55, Earn 8.9% Annualized Using Options
August 15, 2018 at 12:27 PM EDT
Investors considering a purchase of Addus HomeCare Corp (ADUS) stock, but cautious about paying the going market price of $62.00/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $55 strike, which has a bid at the time of this writing of $2.10..