Investors eyeing a purchase of Heico Corp. (NYSE: HEI) shares, but tentative about paying the going market price of $59.71/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $45 strike, which has a bid at the time of this writing of 15 cents. Collecting that bid as the premium represents a 0.3% return against the $45 commitment, or a 1.9% annualized rate of return (at Stock O...
Investors eyeing a purchase of Heico Corp. (NYSE: HEI) shares, but tentative about paying the going market price of $59.71/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $45 strike, which has a bid at the time of this writing of 15 cents. Collecting that bid as the premium represents a 0.3% return against the $45 commitment, or a 1.9% annualized rate of return (at Stock O...
Share this Article
Comment on this Article
Recommended
Please to comment