Commit To Purchase Wabash National Corp At $12.50, Earn 8.2% Annualized Using Options
February 22, 2019 at 11:58 AM EST
Investors eyeing a purchase of Wabash National Corp (WNC) stock, but tentative about paying the going market price of $14.75/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $12.50 strike, which has a bid at the time of this writing of 85 cents..