Commit To Purchase Switch At $5, Earn 12.3% Annualized Using Options
December 20, 2018 at 11:31 AM EST
Investors considering a purchase of Switch Inc (SWCH) shares, but cautious about paying the going market price of $6.52/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2019 put at the $5 strike, which has a bid at the time of this writing of 25 cents..