Commit To Purchase AZZ At $60, Earn 140.2% Annualized Using Options
May 16, 2024 at 11:36 AM EDT
Investors considering a purchase of AZZ Inc (AZZ) shares, but cautious about paying the going market price of $77.55/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $60 strike, which has a bid at the time of this writing of $8.30..
