Commit To Buy Alexandria Real Estate Equities At $115, Earn 11% Annualized Using Options
May 07, 2024 at 11:37 AM EDT
Investors eyeing a purchase of Alexandria Real Estate Equities Inc (ARE) shares, but tentative about paying the going market price of $120.39/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $115 strike, which has a bid at the time of this writing of $5.70..