Commit To Buy Artisan Partners Asset Management At $30, Earn 681.3% Annualized Using Options
June 11, 2024 at 12:24 PM EDT
Investors considering a purchase of Artisan Partners Asset Management Inc (APAM) stock, but tentative about paying the going market price of $42.33/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $30 strike, which has a bid at the time of this writing of $5.60..