Commit To Purchase Innospec At $90, Earn 7.4% Annualized Using Options
December 05, 2019 at 13:37 PM EST
Investors eyeing a purchase of Innospec Inc (IOSP) shares, but tentative about paying the going market price of $99.63/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2020 put at the $90 strike, which has a bid at the time of this writing of $3.60..