Commit To Buy Sterling Construction At $12.50, Earn 8.4% Annualized Using Options
December 12, 2019 at 11:32 AM EST
Investors considering a purchase of Sterling Construction Co Inc (STRL) shares, but cautious about paying the going market price of $14.65/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2020 put at the $12.50 strike, which has a bid at the time of this writing of 55 cents..