Commit To Buy Integrys Energy Group At $65, Earn 1.4% Annualized Using Options
July 28, 2014 at 11:28 AM EDT
Investors considering a purchase of Integrys Energy Group Inc (TEG) stock, but cautious about paying the going market price of $69.79/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2015 put at the $65 strike, which has a bid at the time of this writing of 50 cents..