Commit To Buy Integrys Energy Group At $70, Earn 5% Annualized Using Options
May 20, 2015 at 11:28 AM EDT
Investors considering a purchase of Integrys Energy Group Inc (TEG) shares, but cautious about paying the going market price of $73.48/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $70 strike, which has a bid at the time of this writing of 90 cents..