Commit To Purchase Williams At $23, Earn 8.7% Using Options

Investors considering a purchase of Williams Cos Inc (WMB) shares, but tentative about paying the going market price of $30.39/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 $23 strike, which has a bid at the time of this writing of $2.00..