Commit To Buy ARRIS International At $20, Earn 12.5% Annualized Using Options
May 19, 2016 at 11:50 AM EDT
Investors considering a purchase of ARRIS International PLC (ARRS) stock, but cautious about paying the going market price of $21.81/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $20 strike, which has a bid at the time of this writing of $1.25..