Commit To Buy Loral Space & Communications At $45, Earn 7.3% Annualized Using Options
October 09, 2015 at 11:49 AM EDT
Investors eyeing a purchase of Loral Space & Communications Inc (LORL) shares, but cautious about paying the going market price of $51.33/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2016 put at the $45 strike, which has a bid at the time of this writing of $1.70..