Commit To Purchase Spectra Energy Corp At $28, Earn 4.8% Using Options
May 26, 2015 at 11:38 AM EDT
Investors considering a purchase of Spectra Energy Corp (SE) stock, but cautious about paying the going market price of $35.45/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 $28 strike, which has a bid at the time of this writing of $1.35..