Investors eyeing a purchase of Freeport-McMoRan Copper & Gold (NYSE: FCX) stock, but tentative about paying the going market price of $30.75/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $20 strike, which has a bid at the time of this writing of $1.66. Collecting that bid as the premium represents a 8.3% return against the $20 commitment, or a 5% annualized rate of ...
Investors eyeing a purchase of Freeport-McMoRan Copper & Gold (NYSE: FCX) stock, but tentative about paying the going market price of $30.75/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $20 strike, which has a bid at the time of this writing of $1.66. Collecting that bid as the premium represents a 8.3% return against the $20 commitment, or a 5% annualized rate of ...
Share this Article
Recommended