Agree To Buy FedEx Corp At $85, Earn 2.3% Using Options
November 29, 2016 at 11:33 AM EST
Investors considering a purchase of FedEx Corp (FDX) shares, but tentative about paying the going market price of $190.66/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $85 strike, which has a bid at the time of this writing of $1.93..