Commit To Buy YRC Worldwide At $7.50, Earn 24.8% Annualized Using Options
May 27, 2016 at 11:56 AM EDT
Investors eyeing a purchase of YRC Worldwide Inc (YRCW) stock, but tentative about paying the going market price of $9.39/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $7.50 strike, which has a bid at the time of this writing of 75 cents..