Commit To Buy PPL Corp At $28, Earn 3.4% Using Options
February 22, 2017 at 11:54 AM EST
Investors considering a purchase of PPL Corp (PPL) shares, but tentative about paying the going market price of $36.08/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 $28 strike, which has a bid at the time of this writing of 95 cents..