Agree To Buy Dollar General At $55, Earn 2.5% Using Options
July 23, 2015 at 11:52 AM EDT
Investors considering a purchase of Dollar General Corp (DG) shares, but tentative about paying the going market price of $80.85/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 $55 strike, which has a bid at the time of this writing of $1.40..