Commit To Purchase Visteon Corp At $70, Earn 10.1% Annualized Using Options
February 13, 2020 at 11:52 AM EST
Investors eyeing a purchase of Visteon Corp (VC) shares, but tentative about paying the going market price of $86.73/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $70 strike, which has a bid at the time of this writing of $6.00..