Commit To Buy PG&E Corp At $13, Earn 15.9% Using Options
April 26, 2019 at 11:52 AM EDT
Investors eyeing a purchase of PG&E Corp (PCG) shares, but tentative about paying the going market price of $23.17/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $13 strike, which has a bid at the time of this writing of $2.07..