Commit To Buy Under Armour At $15, Earn 8.1% Using Options
May 29, 2019 at 11:59 AM EDT
Investors considering a purchase of Under Armour Inc (UAA) shares, but cautious about paying the going market price of $22.98/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $15 strike, which has a bid at the time of this writing of $1.22..