Commit To Buy YRC Worldwide At $5, Earn 9.4% Using Options
January 21, 2016 at 11:51 AM EST
Investors considering a purchase of YRC Worldwide Inc (YRCW) stock, but cautious about paying the going market price of $9.51/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $5 strike, which has a bid at the time of this writing of 47 cents..