Commit To Purchase Expedia At $60, Earn 4.3% Using Options
May 27, 2016 at 11:45 AM EDT
Investors considering a purchase of Expedia Inc (EXPE) shares, but cautious about paying the going market price of $112.22/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 $60 strike, which has a bid at the time of this writing of $2.60..