Commit To Purchase Tidewater At $30, Earn 17.9% Annualized Using Options
July 05, 2018 at 11:53 AM EDT
Investors considering a purchase of Tidewater Inc (TDW) stock, but tentative about paying the going market price of $29.96/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 $30 strike, which has a bid at the time of this writing of $2.90..