Commit To Buy Starz At $34, Earn 9.2% Annualized Using Options
August 20, 2015 at 11:39 AM EDT
Investors considering a purchase of Starz (STRZA) shares, but cautious about paying the going market price of $37.74/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2016 put at the $34 strike, which has a bid at the time of this writing of $2.05..