Commit To Purchase YRC Worldwide At $10, Earn 13.9% Using Options
June 30, 2015 at 11:35 AM EDT
Investors considering a purchase of YRC Worldwide Inc (YRCW) shares, but tentative about paying the going market price of $13.04/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $10 strike, which has a bid at the time of this writing of $1.39..