Agree To Purchase FirstEnergy Corp At $20, Earn 3% Using Options
February 24, 2017 at 11:43 AM EST
Investors considering a purchase of FirstEnergy Corp (FE) stock, but tentative about paying the going market price of $32.12/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $20 strike, which has a bid at the time of this writing of 60 cents..