Commit To Purchase YRC Worldwide At $11, Earn 16% Annualized Using Options
September 21, 2017 at 13:10 PM EDT
Investors considering a purchase of YRC Worldwide Inc (YRCW) stock, but cautious about paying the going market price of $13.33/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2018 put at the $11 strike, which has a bid at the time of this writing of $1.02..