Commit To Buy Delek US Holdings At $25, Earn 9.8% Using Options
February 21, 2019 at 12:53 PM EST
Investors eyeing a purchase of Delek US Holdings Inc (DK) stock, but cautious about paying the going market price of $36.97/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $25 strike, which has a bid at the time of this writing of $2.45..