Agree To Purchase Visa At $170, Earn 3.3% Using Options
October 01, 2014 at 11:26 AM EDT
Investors considering a purchase of Visa Inc (V) shares, but cautious about paying the going market price of $210.99/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $170 strike, which has a bid at the time of this writing of $5.65..