Commit To Buy Allied Motion Technologies At $45, Earn 13.7% Annualized Using Options
July 13, 2018 at 11:54 AM EDT
Investors considering a purchase of Allied Motion Technologies Inc (AMOT) stock, but cautious about paying the going market price of $48.69/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $45 strike, which has a bid at the time of this writing of $3.20..
