Commit To Buy LSC Communications At $15, Earn 14.6% Annualized Using Options
April 18, 2018 at 11:51 AM EDT
Investors eyeing a purchase of LSC Communications Inc (LKSD) stock, but tentative about paying the going market price of $17.45/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $15 strike, which has a bid at the time of this writing of $1.10..