Commit To Buy SunPower Corp At $20, Earn 6.2% Using Options
June 17, 2015 at 11:34 AM EDT
Investors eyeing a purchase of SunPower Corp (SPWR) shares, but tentative about paying the going market price of $32.55/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 $20 strike, which has a bid at the time of this writing of $1.23..