Commit To Buy Under Armour At $5, Earn 11.8% Annualized Using Options
May 15, 2025 at 11:38 AM EDT
Investors considering a purchase of Under Armour Inc (UA) shares, but tentative about paying the going market price of $6.11/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $5 strike, which has a bid at the time of this writing of 25 cents..