Investors eyeing a purchase of Western Union Co. (NYSE: WU) shares, but tentative about paying the going market price of $18.72/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 $15 strike, which has a bid at the time of this writing of 90 cents. Collecting that bid as the premium represents a 6% return against the $15 commitment, or a 4.5% annualized rate of return (at...
Investors eyeing a purchase of Western Union Co. (NYSE: WU) shares, but tentative about paying the going market price of $18.72/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 $15 strike, which has a bid at the time of this writing of 90 cents. Collecting that bid as the premium represents a 6% return against the $15 commitment, or a 4.5% annualized rate of return (at...
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