Commit To Buy Seadrill At $2.50, Earn 7.7% Annualized Using Options
July 15, 2019 at 11:45 AM EDT
Investors considering a purchase of Seadrill Ltd (SDRL) shares, but tentative about paying the going market price of $4.15/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $2.50 strike, which has a bid at the time of this writing of 5 cents..