Commit To Purchase Verso Corp At $17.50, Earn 11.5% Annualized Using Options
July 11, 2018 at 11:13 AM EDT
Investors considering a purchase of Verso Corp (VRS) stock, but cautious about paying the going market price of $21.30/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 $17.50 strike, which has a bid at the time of this writing of 55 cents..
