Agree To Buy CSX Corp At $20, Earn 3% Using Options
September 27, 2016 at 11:37 AM EDT
Investors eyeing a purchase of CSX Corp (CSX) stock, but tentative about paying the going market price of $29.68/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 $20 strike, which has a bid at the time of this writing of 60 cents..