Commit To Buy LSC Communications At $10, Earn 13.1% Annualized Using Options
September 21, 2018 at 13:03 PM EDT
Investors considering a purchase of LSC Communications Inc (LKSD) stock, but cautious about paying the going market price of $12.45/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2019 put at the $10 strike, which has a bid at the time of this writing of 75 cents..