Agree To Purchase Etrade Financial Corporation At $40, Earn 5% Using Options
March 14, 2018 at 11:51 AM EDT
Investors eyeing a purchase of Etrade Financial Corporation (ETFC) stock, but cautious about paying the going market price of $57.23/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 $40 strike, which has a bid at the time of this writing of $2.00..