Commit To Buy American Capital Agency Corp At $15, Earn 9.3% Using Options
February 20, 2014 at 11:58 AM EST
Investors considering a purchase of American Capital Agency Corp (AGNC) stock, but cautious about paying the going market price of $22.15/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $15 strike, which has a bid at the time of this writing of $1.40..