Commit To Purchase Expedia At $60, Earn 2.8% Using Options
August 26, 2016 at 11:48 AM EDT
Investors considering a purchase of Expedia Inc (EXPE) stock, but cautious about paying the going market price of $112.74/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 $60 strike, which has a bid at the time of this writing of $1.65..