Commit To Buy Innovative Industrial Properties At $65, Earn 20.1% Using Options
September 23, 2019 at 11:53 AM EDT
Investors considering a purchase of Innovative Industrial Properties Inc (IIPR) shares, but cautious about paying the going market price of $95.03/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2022 put at the $65 strike, which has a bid at the time of this writing of $13.10..
