Agree To Buy CenturyLink At $5, Earn 4% Using Options
June 18, 2018 at 11:08 AM EDT
Investors eyeing a purchase of CenturyLink Inc (CTL) stock, but tentative about paying the going market price of $18.16/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $5 strike, which has a bid at the time of this writing of 20 cents..