Commit To Buy Skyline Champion Corp At $17.50, Earn 15.2% Annualized Using Options
November 20, 2018 at 11:32 AM EST
Investors considering a purchase of Skyline Champion Corp (SKY) stock, but tentative about paying the going market price of $22.38/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2019 put at the $17.50 strike, which has a bid at the time of this writing of $1.30..