Commit To Purchase Intrepid Potash At $3, Earn 18.4% Annualized Using Options
October 07, 2019 at 15:28 PM EDT
Investors considering a purchase of Intrepid Potash Inc (IPI) stock, but tentative about paying the going market price of $3.30/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2020 put at the $3 strike, which has a bid at the time of this writing of 25 cents..
