Commit To Buy Avaya Holdings Corp At $7.50, Earn 19.3% Using Options
December 18, 2019 at 11:50 AM EST
Investors eyeing a purchase of Avaya Holdings Corp (AVYA) stock, but cautious about paying the going market price of $12.21/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2022 put at the $7.50 strike, which has a bid at the time of this writing of $1.45..