Commit To Buy HanesBrands At $10, Earn 5.5% Using Options
October 22, 2018 at 11:53 AM EDT
Investors considering a purchase of HanesBrands Inc (HBI) shares, but cautious about paying the going market price of $16.46/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 $10 strike, which has a bid at the time of this writing of 55 cents..
