Commit To Buy Swift Transportation At $15, Earn 8% Using Options
January 20, 2017 at 13:08 PM EST
Investors considering a purchase of Swift Transportation Co (SWFT) shares, but tentative about paying the going market price of $23.25/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 $15 strike, which has a bid at the time of this writing of $1.20..