Agree To Purchase Newell Brands At $43, Earn 4.7% Using Options
June 20, 2017 at 11:38 AM EDT
Investors eyeing a purchase of Newell Brands Inc (NWL) shares, but tentative about paying the going market price of $53.97/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 $43 strike, which has a bid at the time of this writing of $2.00..