Commit To Buy Travelport Worldwide At $10, Earn 8.4% Annualized Using Options
September 04, 2015 at 11:44 AM EDT
Investors eyeing a purchase of Travelport Worldwide Ltd (TVPT) stock, but cautious about paying the going market price of $13.16/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2016 put at the $10 strike, which has a bid at the time of this writing of 45 cents..