Commit To Buy Dynegy At $7.50, Earn 25.3% Using Options
December 28, 2016 at 11:40 AM EST
Investors considering a purchase of Dynegy Inc (DYN) shares, but cautious about paying the going market price of $8.59/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 $7.50 strike, which has a bid at the time of this writing of $1.90..