Agree To Buy Xerox Corp At $10, Earn 4.6% Using Options
April 21, 2015 at 11:31 AM EDT
Investors considering a purchase of Xerox Corp (XRX) stock, but cautious about paying the going market price of $12.86/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 $10 strike, which has a bid at the time of this writing of 46 cents..