Agree To Buy Unum Group At $33, Earn 4.5% Annualized Using Options
July 28, 2015 at 11:42 AM EDT
Investors considering a purchase of Unum Group (UNM) shares, but cautious about paying the going market price of $36.91/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2016 put at the $33 strike, which has a bid at the time of this writing of 95 cents..