Commit To Buy Gray Television At $12.50, Earn 15.4% Annualized Using Options
April 01, 2015 at 11:33 AM EDT
Investors eyeing a purchase of Gray Television Inc (GTN) shares, but cautious about paying the going market price of $13.97/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $12.50 strike, which has a bid at the time of this writing of 75 cents..