Commit To Purchase YRC Worldwide At $8, Earn 11.7% Annualized Using Options
September 26, 2016 at 11:45 AM EDT
Investors considering a purchase of YRC Worldwide Inc (YRCW) stock, but tentative about paying the going market price of $12.28/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2017 put at the $8 strike, which has a bid at the time of this writing of 53 cents..