Commit To Purchase YRC Worldwide At $12.50, Earn 18.2% Using Options
April 07, 2014 at 11:47 AM EDT
Investors considering a purchase of YRC Worldwide (YRCW) stock, but cautious about paying the going market price of $21.38/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 $12.50 strike, which has a bid at the time of this writing of $2.28..