Commit To Buy News Corp At $12.50, Earn 4.8% Annualized Using Options
June 20, 2017 at 11:44 AM EDT
Investors eyeing a purchase of News Corp (NWS) shares, but tentative about paying the going market price of $14.15/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 $12.50 strike, which has a bid at the time of this writing of 35 cents..