Commit To Purchase SCANA Corp At $55, Earn 5.3% Annualized Using Options
January 26, 2016 at 11:45 AM EST
Investors considering a purchase of SCANA Corp (SCG) stock, but tentative about paying the going market price of $60.71/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 $55 strike, which has a bid at the time of this writing of $1.65..