Commit To Purchase Eastman Chemical At $85, Earn 13.1% Annualized Using Options
July 24, 2017 at 13:08 PM EDT
Investors considering a purchase of Eastman Chemical Co (EMN) shares, but cautious about paying the going market price of $85.32/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $85 strike, which has a bid at the time of this writing of $4.40..