Agree To Purchase Intel Corp At $18, Earn 2.9% Using Options
July 01, 2015 at 11:56 AM EDT
Investors eyeing a purchase of Intel Corp (INTC) shares, but tentative about paying the going market price of $30.15/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 $18 strike, which has a bid at the time of this writing of 52 cents..