Commit To Purchase Tutor Perini Corp At $25, Earn 13% Annualized Using Options
February 14, 2017 at 11:58 AM EST
Investors considering a purchase of Tutor Perini Corp (TPC) shares, but tentative about paying the going market price of $29.85/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 $25 strike, which has a bid at the time of this writing of $1.40..