Commit To Buy AMC Networks At $7.50, Earn 8.8% Annualized Using Options
March 19, 2024 at 12:28 PM EDT
Investors considering a purchase of AMC Networks Inc (AMCX) stock, but cautious about paying the going market price of $12.54/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $7.50 strike, which has a bid at the time of this writing of 50 cents..