Commit To Buy Tribune Publishing At $7.50, Earn 14.3% Annualized Using Options
September 20, 2019 at 13:51 PM EDT
Investors considering a purchase of Tribune Publishing Co (TPCO) shares, but tentative about paying the going market price of $8.18/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 $7.50 strike, which has a bid at the time of this writing of 35 cents..
