Investors in American Eagle Outfitters, Inc. (AEO) saw new options begin trading today, for the September 20th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AEO options chain for the new September 20th contracts and identified one put and one call contract of particular interest.The put contract at the $10.00 strike price has a current bid of 40 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $10.00, but will also collect the premium, putting the cost basis of the shares at $9.60 (before broker commissions). To an investor already interested in purchasing shares of AEO, that could represent an attractive alternative to paying $10.57/share today.
Interesting AEO Put And Call Options For September 20th
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