Commit To Purchase FirstEnergy Corp At $25, Earn 5.6% Using Options
May 27, 2016 at 11:47 AM EDT
Investors considering a purchase of FirstEnergy Corp (FE) stock, but tentative about paying the going market price of $32.39/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 $25 strike, which has a bid at the time of this writing of $1.40..