Commit To Purchase Gibraltar Industries At $30, Earn 9.1% Annualized Using Options
February 06, 2019 at 11:51 AM EST
Investors considering a purchase of Gibraltar Industries Inc (ROCK) shares, but cautious about paying the going market price of $37.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May put at the $30 strike, which has a bid at the time of this writing of 75 cents..