Commit To Buy Exelon Corp At $27, Earn 5.7% Using Options
April 19, 2016 at 11:38 AM EDT
Investors eyeing a purchase of Exelon Corp (EXC) stock, but cautious about paying the going market price of $34.69/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $27 strike, which has a bid at the time of this writing of $1.55..