Commit To Purchase Addus HomeCare Corp At $80, Earn 8.6% Annualized Using Options
December 02, 2019 at 11:50 AM EST
Investors eyeing a purchase of Addus HomeCare Corp (ADUS) stock, but tentative about paying the going market price of $92.50/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July 2020 put at the $80 strike, which has a bid at the time of this writing of $4.30..