Commit To Buy LifePoint Health At $40, Earn 7.9% Annualized Using Options
July 18, 2018 at 11:50 AM EDT
Investors eyeing a purchase of LifePoint Health Inc (LPNT) shares, but tentative about paying the going market price of $48.73/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $40 strike, which has a bid at the time of this writing of $1.05..