Commit To Buy PPL Corp At $30, Earn 3.7% Using Options
July 25, 2016 at 11:53 AM EDT
Investors considering a purchase of PPL Corp (PPL) shares, but cautious about paying the going market price of $37.36/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 $30 strike, which has a bid at the time of this writing of $1.10..