Commit To Purchase Lifevantage Corp At $15, Earn 22.9% Annualized Using Options
December 05, 2019 at 13:11 PM EST
Investors considering a purchase of Lifevantage Corp (LFVN) shares, but cautious about paying the going market price of $15.10/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 $15 strike, which has a bid at the time of this writing of $1.85..