Agree To Purchase Entergy Corp At $70, Earn 4.1% Annualized Using Options
June 07, 2016 at 11:37 AM EDT
Investors considering a purchase of Entergy Corp (ETR) stock, but tentative about paying the going market price of $78.68/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $70 strike, which has a bid at the time of this writing of $1.50..