Commit To Buy Revlon At $15, Earn 27.8% Annualized Using Options
January 06, 2020 at 12:08 PM EST
Investors considering a purchase of Revlon Inc (REV) shares, but cautious about paying the going market price of $20.72/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $15 strike, which has a bid at the time of this writing of $2.60..