Commit To Buy Spirit AeroSystems Holdings At $31, Earn 14.2% Annualized Using Options
August 20, 2021 at 11:42 AM EDT
Investors considering a purchase of Spirit AeroSystems Holdings Inc (SPR) shares, but cautious about paying the going market price of $38.46/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2022 put at the $31 strike, which has a bid at the time of this writing of $2.85..