Commit To Purchase US Concrete At $27.50, Earn 7.7% Annualized Using Options
January 27, 2020 at 13:16 PM EST
Investors eyeing a purchase of US Concrete Inc (USCR) stock, but cautious about paying the going market price of $37.75/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $27.50 strike, which has a bid at the time of this writing of $1.20..
