Commit To Buy Ensign Group At $50, Earn 584.9% Annualized Using Options
May 13, 2024 at 13:29 PM EDT
Investors eyeing a purchase of Ensign Group Inc (ENSG) stock, but tentative about paying the going market price of $118.20/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 $50 strike, which has a bid at the time of this writing of $31.25..