Commit To Buy H&E Equipment Services At $20, Earn 12.9% Annualized Using Options
January 23, 2019 at 11:54 AM EST
Investors eyeing a purchase of H&E Equipment Services Inc (HEES) shares, but tentative about paying the going market price of $25.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $20 strike, which has a bid at the time of this writing of $1.45..