Commit To Buy Forterra At $10, Earn 9.5% Annualized Using Options
January 31, 2020 at 13:11 PM EST
Investors considering a purchase of Forterra Inc (FRTA) shares, but cautious about paying the going market price of $13.05/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $10 strike, which has a bid at the time of this writing of 60 cents..