Commit To Buy United Continental Holdings At $35, Earn 5.8% Using Options
July 01, 2015 at 11:59 AM EDT
Investors considering a purchase of United Continental Holdings Inc (UAL) shares, but cautious about paying the going market price of $53.73/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $35 strike, which has a bid at the time of this writing of $2.03..