Commit To Purchase Ensign Group At $35, Earn 9% Annualized Using Options
October 08, 2015 at 11:44 AM EDT
Investors eyeing a purchase of Ensign Group Inc (ENSG) shares, but cautious about paying the going market price of $39.95/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2016 put at the $35 strike, which has a bid at the time of this writing of $1.40..