Agree To Buy United Parcel Service At $60, Earn 1.4% Using Options
April 23, 2015 at 11:39 AM EDT
Investors eyeing a purchase of United Parcel Service Inc (UPS) stock, but tentative about paying the going market price of $97.86/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $60 strike, which has a bid at the time of this writing of 86 cents..