Commit To Buy H&E Equipment Services At $30, Earn 10.4% Annualized Using Options
July 05, 2018 at 11:50 AM EDT
Investors considering a purchase of H&E Equipment Services Inc (HEES) stock, but tentative about paying the going market price of $37.50/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $30 strike, which has a bid at the time of this writing of $1.15..