Commit To Purchase Ichor Holdings At $25, Earn 8.9% Annualized Using Options
January 30, 2020 at 11:42 AM EST
Investors considering a purchase of Ichor Holdings Ltd (ICHR) stock, but tentative about paying the going market price of $34.68/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $25 strike, which has a bid at the time of this writing of $2.15..