Commit To Buy Wyndham Worldwide Corp At $62.50, Earn 6.9% Using Options
January 18, 2017 at 11:33 AM EST
Investors considering a purchase of Wyndham Worldwide Corp (WYN) shares, but cautious about paying the going market price of $76.73/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $62.50 strike, which has a bid at the time of this writing of $4.30..