Commit To Purchase Invesco Mortgage Capital At $5, Earn 12% Using Options
April 04, 2024 at 11:34 AM EDT
Investors eyeing a purchase of Invesco Mortgage Capital Inc (IVR) stock, but tentative about paying the going market price of $9.57/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $5 strike, which has a bid at the time of this writing of 60 cents..