Commit To Buy Acushnet Holdings At $45, Earn 63.3% Annualized Using Options
May 20, 2024 at 11:37 AM EDT
Investors considering a purchase of Acushnet Holdings Corp (GOLF) shares, but cautious about paying the going market price of $64.39/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $45 strike, which has a bid at the time of this writing of $9.60..