Commit To Purchase Fifth Third Bancorp At $22, Earn 5.1% Using Options
September 25, 2017 at 11:33 AM EDT
Investors eyeing a purchase of Fifth Third Bancorp (FITB) stock, but tentative about paying the going market price of $27.10/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 $22 strike, which has a bid at the time of this writing of $1.12..