Commit To Buy Aaron's At $5, Earn 9.1% Annualized Using Options
April 22, 2024 at 12:46 PM EDT
Investors eyeing a purchase of Aaron's Co Inc (AAN) shares, but tentative about paying the going market price of $7.40/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $5 strike, which has a bid at the time of this writing of 30 cents..