Commit To Buy Ascena Retail Group At $0.50, Earn 50% Using Options
October 17, 2019 at 11:15 AM EDT
Investors eyeing a purchase of Ascena Retail Group Inc (ASNA) shares, but tentative about paying the going market price of $0.4857/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $0.50 strike, which has a bid at the time of this writing of 25 cents..
