Commit To Buy ServiceMaster Global Holdings At $30, Earn 9.5% Annualized Using Options
November 12, 2019 at 11:51 AM EST
Investors considering a purchase of ServiceMaster Global Holdings, Inc (SERV) shares, but cautious about paying the going market price of $34.37/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2020 put at the $30 strike, which has a bid at the time of this writing of $1.45..