Commit To Buy Acadia Realty Trust At $2.50, Earn 8256.1% Annualized Using Options
May 16, 2024 at 11:52 AM EDT
Investors considering a purchase of Acadia Realty Trust (AKR) stock, but tentative about paying the going market price of $17.23/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $2.50 strike, which has a bid at the time of this writing of $123.30..