Investors in Proshares Ultra Silver (AGQ) saw new options begin trading today, for the July 5th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AGQ options chain for the new July 5th contracts and identified one put and one call contract of particular interest.The put contract at the $15.50 strike price has a current bid of 65 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $15.50, but will also collect the premium, putting the cost basis of the shares at $14.85 (before broker commissions). To an investor already interested in purchasing shares of AGQ, that could represent an attractive alternative to paying $15.70/share today.
Interesting AGQ Put And Call For July 5th
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