Commit To Buy IES Holdings At $120, Earn 14.5% Annualized Using Options
September 06, 2024 at 12:59 PM EDT
Investors considering a purchase of IES Holdings Inc (IESC) shares, but tentative about paying the going market price of $144.51/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2025 put at the $120 strike, which has a bid at the time of this writing of $13.70..