Commit To Purchase iRhythm Technologies At $60, Earn 12.3% Annualized Using Options
September 26, 2019 at 12:04 PM EDT
Investors considering a purchase of iRhythm Technologies Inc (IRTC) shares, but cautious about paying the going market price of $76.84/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2020 put at the $60 strike, which has a bid at the time of this writing of $3.00..