Commit To Buy Clearwater Paper Corp At $40, Earn 15.9% Annualized Using Options
September 14, 2015 at 12:01 PM EDT
Investors eyeing a purchase of Clearwater Paper Corp (CLW) shares, but tentative about paying the going market price of $44.50/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $40 strike, which has a bid at the time of this writing of $2.15..