Commit To Buy Wyndham Worldwide Corp At $72.50, Earn 5% Using Options

Investors eyeing a purchase of Wyndham Worldwide Corp (WYN) stock, but cautious about paying the going market price of $88.53/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 $72.50 strike, which has a bid at the time of this writing of $3.60..