Commit To Purchase Dana At $10, Earn 9% Using Options
September 23, 2019 at 11:54 AM EDT
Investors considering a purchase of Dana Inc (DAN) shares, but cautious about paying the going market price of $14.78/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 $10 strike, which has a bid at the time of this writing of 90 cents..