Commit To Purchase Loral Space & Communications At $30, Earn 12.2% Annualized Using Options
December 05, 2019 at 13:12 PM EST
Investors eyeing a purchase of Loral Space & Communications Inc (LORL) stock, but cautious about paying the going market price of $32.78/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 $30 strike, which has a bid at the time of this writing of 15 cents..