Commit To Purchase Clearwater Paper Corp At $45, Earn 10.6% Annualized Using Options
April 12, 2016 at 11:41 AM EDT
Investors eyeing a purchase of Clearwater Paper Corp (CLW) stock, but cautious about paying the going market price of $50.37/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $45 strike, which has a bid at the time of this writing of $2.50..