Agree To Buy Expedia At $55, Earn 6.7% Using Options
July 28, 2014 at 11:26 AM EDT
Investors eyeing a purchase of Expedia Inc (EXPE) stock, but cautious about paying the going market price of $79.88/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 $55 strike, which has a bid at the time of this writing of $3.70..