Agree To Buy Dominion Energy At $70, Earn 5% Using Options
June 20, 2017 at 11:44 AM EDT
Investors eyeing a purchase of Dominion Energy Inc (D) stock, but tentative about paying the going market price of $80.31/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 $70 strike, which has a bid at the time of this writing of $3.50..