Commit To Purchase Acacia Research Corp At $2.50, Earn 11.6% Annualized Using Options
July 12, 2019 at 11:47 AM EDT
Investors considering a purchase of Acacia Research Corp (ACTG) stock, but cautious about paying the going market price of $2.96/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 $2.50 strike, which has a bid at the time of this writing of 10 cents..