Agree To Buy Integrys Energy Group At $75, Earn 7.1% Annualized Using Options
February 17, 2015 at 11:37 AM EST
Investors considering a purchase of Integrys Energy Group Inc (TEG) shares, but tentative about paying the going market price of $76.05/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 $75 strike, which has a bid at the time of this writing of $2.70..