Agree To Buy Spectra Energy Corp At $18, Earn 3.9% Using Options
April 21, 2016 at 11:43 AM EDT
Investors eyeing a purchase of Spectra Energy Corp (SE) stock, but cautious about paying the going market price of $30.95/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $18 strike, which has a bid at the time of this writing of 70 cents..