Commit To Buy Installed Building Products At $210, Earn 30.2% Annualized Using Options
February 15, 2024 at 14:39 PM EST
Investors considering a purchase of Installed Building Products Inc (IBP) stock, but tentative about paying the going market price of $212.50/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April put at the $210 strike, which has a bid at the time of this writing of $11.10..