Commit To Buy Tutor Perini Corp At $17.50, Earn 9.3% Annualized Using Options
April 12, 2018 at 11:52 AM EDT
Investors considering a purchase of Tutor Perini Corp (TPC) stock, but cautious about paying the going market price of $22.15/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $17.50 strike, which has a bid at the time of this writing of 85 cents..