Commit To Buy Royal Caribbean Cruises At $77.50, Earn 4.7% Using Options
July 18, 2017 at 11:34 AM EDT
Investors considering a purchase of Royal Caribbean Cruises Ltd (RCL) shares, but tentative about paying the going market price of $110.94/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 $77.50 strike, which has a bid at the time of this writing of $3.60..