Commit To Buy Stewart Information Services Corp At $35, Earn 8.7% Annualized Using Options
October 17, 2019 at 11:06 AM EDT
Investors eyeing a purchase of Stewart Information Services Corp (STC) stock, but tentative about paying the going market price of $38.80/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2020 put at the $35 strike, which has a bid at the time of this writing of $1.75..