Commit To Purchase Fidelity Southern Corporation At $25, Earn 56.5% Annualized Using Options
December 18, 2018 at 11:18 AM EST
Investors considering a purchase of Fidelity Southern Corporation (LION) stock, but cautious about paying the going market price of $25.22/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $25 strike, which has a bid at the time of this writing of $1.20..