Commit To Buy JetBlue Airways Corp At $13, Earn 7.7% Using Options
May 03, 2016 at 11:44 AM EDT
Investors considering a purchase of JetBlue Airways Corp (JBLU) stock, but cautious about paying the going market price of $19.72/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $13 strike, which has a bid at the time of this writing of $1.00..