Commit To Buy Union Pacific Corp At $55, Earn 2.2% Using Options
July 01, 2015 at 12:00 PM EDT
Investors eyeing a purchase of Union Pacific Corp (UNP) stock, but tentative about paying the going market price of $96.08/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 $55 strike, which has a bid at the time of this writing of $1.23..