Commit To Purchase Sempra Energy At $87.50, Earn 4% Annualized Using Options
November 16, 2015 at 11:33 AM EST
Investors considering a purchase of Sempra Energy (SRE) stock, but cautious about paying the going market price of $99.85/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 $87.50 strike, which has a bid at the time of this writing of $1.45..