Commit To Buy Addus HomeCare At $55, Earn 12.8% Annualized Using Options
April 16, 2024 at 12:47 PM EDT
Investors considering a purchase of Addus HomeCare Corp (ADUS) shares, but tentative about paying the going market price of $98.60/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 $55 strike, which has a bid at the time of this writing of 60 cents..