Commit To Buy JetBlue Airways Corp At $12, Earn 5.8% Using Options
April 01, 2015 at 11:35 AM EDT
Investors eyeing a purchase of JetBlue Airways Corp (JBLU) shares, but tentative about paying the going market price of $18.96/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $12 strike, which has a bid at the time of this writing of 70 cents..