Commit To Purchase Greif At $55, Earn 51.3% Annualized Using Options
June 04, 2018 at 11:58 AM EDT
Investors eyeing a purchase of Greif Inc (GEF) shares, but cautious about paying the going market price of $59.40/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $55 strike, which has a bid at the time of this writing of 85 cents..