Commit To Purchase Altair Engineering At $25, Earn 5.5% Annualized Using Options
February 22, 2019 at 13:50 PM EST
Investors considering a purchase of Altair Engineering Inc (ALTR) stock, but tentative about paying the going market price of $33.78/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $25 strike, which has a bid at the time of this writing of 90 cents..