Commit To Purchase Dynegy At $12.50, Earn 13.6% Using Options
June 21, 2016 at 11:45 AM EDT
Investors considering a purchase of Dynegy Inc (DYN) shares, but cautious about paying the going market price of $16.72/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 $12.50 strike, which has a bid at the time of this writing of $1.70..