Agree To Purchase Chevron Corporation At $60, Earn 1.9% Using Options
July 01, 2015 at 11:53 AM EDT
Investors eyeing a purchase of Chevron Corporation (CVX) shares, but cautious about paying the going market price of $96.10/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 $60 strike, which has a bid at the time of this writing of $1.15..