Commit To Buy Resolute Forest Products At $15, Earn 10.7% Annualized Using Options

Investors eyeing a purchase of Resolute Forest Products Inc (RFP) shares, but cautious about paying the going market price of $16.86/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July 2015 put at the $15 strike, which has a bid at the time of this writing of 95 cents..