Agree To Buy Royal Caribbean Cruises At $60, Earn 8.5% Using Options
January 17, 2017 at 11:37 AM EST
Investors considering a purchase of Royal Caribbean Cruises Ltd (RCL) stock, but cautious about paying the going market price of $84.57/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 $60 strike, which has a bid at the time of this writing of $5.10..