Commit To Buy Euronet Worldwide At $85, Earn 4.7% Annualized Using Options
October 11, 2018 at 11:20 AM EDT
Investors eyeing a purchase of Euronet Worldwide Inc (EEFT) shares, but cautious about paying the going market price of $110.04/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 $85 strike, which has a bid at the time of this writing of $2.40..