Commit To Buy Tutor Perini Corp At $22.50, Earn 10.8% Annualized Using Options
September 06, 2017 at 11:40 AM EDT
Investors considering a purchase of Tutor Perini Corp (TPC) shares, but tentative about paying the going market price of $26.05/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 $22.50 strike, which has a bid at the time of this writing of 90 cents..