Commit To Purchase Dorman Products At $55, Earn 4.6% Annualized Using Options
October 19, 2018 at 13:08 PM EDT
Investors considering a purchase of Dorman Products Inc (DORM) shares, but cautious about paying the going market price of $68.23/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2019 put at the $55 strike, which has a bid at the time of this writing of $1.45..