Commit To Purchase Scientific Games Corp At $15, Earn 16% Using Options
September 16, 2019 at 14:13 PM EDT
Investors eyeing a purchase of Scientific Games Corp (SGMS) shares, but tentative about paying the going market price of $23.77/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2021 put at the $15 strike, which has a bid at the time of this writing of $2.40..