Commit To Buy Equitrans Midstream Corp At $12.50, Earn 10.4% Annualized Using Options
October 17, 2019 at 11:08 AM EDT
Investors considering a purchase of Equitrans Midstream Corp (ETRN) shares, but tentative about paying the going market price of $14.96/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2020 put at the $12.50 strike, which has a bid at the time of this writing of 65 cents..