Agree To Buy Whirlpool Corp At $130, Earn 9.8% Using Options
December 06, 2016 at 11:39 AM EST
Investors eyeing a purchase of Whirlpool Corp (WHR) shares, but cautious about paying the going market price of $168.56/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 $130 strike, which has a bid at the time of this writing of $12.75..