Investors interested in Assurant Inc (AIZ) shares, currently priced at $198.56, may consider alternative strategies like selling puts to avoid the market price. One noteworthy option is the $185 strike December put, with a bid of $6.00, offering a 6.4% annualized return compared to Assurant’s 1.6% annualized dividend yield.
Should the stock fall 6.8% to reach the $185 strike, the put seller would have a cost basis of $179.00 per share, after factoring in the premium. The trailing twelve-month volatility for Assurant Inc is 25%, making this option worth evaluating against risk considerations.
