Commit To Purchase Enersys At $65, Earn 1679% Annualized Using Options
June 11, 2024 at 12:22 PM EDT
Investors considering a purchase of Enersys (ENS) shares, but cautious about paying the going market price of $105.57/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 $65 strike, which has a bid at the time of this writing of $29.90..
