Commit To Purchase PPL Corp At $30, Earn 4.4% Annualized Using Options
January 25, 2016 at 12:21 PM EST
Investors eyeing a purchase of PPL Corp (PPL) stock, but cautious about paying the going market price of $34.06/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 $30 strike, which has a bid at the time of this writing of $1.30..