Commit To Purchase SCANA Corp At $45, Earn 9.4% Annualized Using Options
December 26, 2018 at 11:25 AM EST
Investors considering a purchase of SCANA Corp (SCG) shares, but cautious about paying the going market price of $47.06/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2019 put at the $45 strike, which has a bid at the time of this writing of $1.65..