Agree To Buy Sempra Energy At $95, Earn 3.1% Annualized Using Options
July 26, 2016 at 11:42 AM EDT
Investors considering a purchase of Sempra Energy (SRE) stock, but tentative about paying the going market price of $112.63/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 $95 strike, which has a bid at the time of this writing of $1.45..