Commit To Purchase Trinseo At $40, Earn 11.8% Annualized Using Options
May 20, 2016 at 11:54 AM EDT
Investors eyeing a purchase of Trinseo SA (TSE) stock, but tentative about paying the going market price of $43.66/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $40 strike, which has a bid at the time of this writing of $2.35..