Commit To Buy Tutor Perini Corp At $10, Earn 12.4% Annualized Using Options
February 04, 2016 at 11:54 AM EST
Investors considering a purchase of Tutor Perini Corp (TPC) shares, but tentative about paying the going market price of $13.08/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $10 strike, which has a bid at the time of this writing of 55 cents..