Agree To Buy Sealed Air Corp At $38, Earn 4.2% Using Options
June 20, 2017 at 11:43 AM EDT
Investors considering a purchase of Sealed Air Corp (SEE) shares, but cautious about paying the going market price of $45.08/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $38 strike, which has a bid at the time of this writing of $1.60..