Commit To Purchase World Wrestling Entertainment At $17, Earn 13.6% Annualized Using Options
October 21, 2016 at 11:39 AM EDT
Investors considering a purchase of World Wrestling Entertainment Inc (WWE) stock, but cautious about paying the going market price of $19.83/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2017 put at the $17 strike, which has a bid at the time of this writing of $1.15..