Commit To Buy American Renal Associates Holdings At $5, Earn 7.3% Annualized Using Options
July 23, 2019 at 11:55 AM EDT
Investors eyeing a purchase of American Renal Associates Holdings Inc (ARA) shares, but cautious about paying the going market price of $6.85/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 $5 strike, which has a bid at the time of this writing of 15 cents..