Commit To Purchase TechnipFMC At $27, Earn 8.2% Annualized Using Options
June 18, 2018 at 11:10 AM EDT
Investors eyeing a purchase of TechnipFMC plc (FTI) shares, but cautious about paying the going market price of $31.27/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 $27 strike, which has a bid at the time of this writing of 75 cents..