Commit To Purchase Artisan Partners Asset Management At $22.50, Earn 3.7% Annualized Using Options
December 05, 2019 at 13:14 PM EST
Investors considering a purchase of Artisan Partners Asset Management Inc (APAM) stock, but cautious about paying the going market price of $29.45/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2020 put at the $22.50 strike, which has a bid at the time of this writing of 45 cents..
