Agree To Purchase Discovery Communications At $15, Earn 8.7% Using Options
March 07, 2018 at 11:41 AM EST
Investors considering a purchase of Discovery Communications Inc (DISCK) shares, but tentative about paying the going market price of $21.93/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $15 strike, which has a bid at the time of this writing of $1.30..