Commit To Purchase Fifth Third Bancorp At $15, Earn 2.5% Using Options
July 23, 2015 at 11:53 AM EDT
Investors eyeing a purchase of Fifth Third Bancorp (FITB) shares, but tentative about paying the going market price of $21.45/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 $15 strike, which has a bid at the time of this writing of 37 cents..