Commit To Purchase First Solar At $37.50, Earn 12.5% Annualized Using Options
July 28, 2017 at 11:39 AM EDT
Investors eyeing a purchase of First Solar Inc (FSLR) stock, but tentative about paying the going market price of $48.11/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $37.50 strike, which has a bid at the time of this writing of $1.80..