Commit To Purchase Capital One Financial Corp At $35, Earn 2.7% Using Options
May 04, 2016 at 11:48 AM EDT
Investors eyeing a purchase of Capital One Financial Corp (COF) shares, but tentative about paying the going market price of $69.75/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $35 strike, which has a bid at the time of this writing of 94 cents..