Agree To Purchase WestRock At $32.50, Earn 14% Annualized Using Options
July 22, 2019 at 12:31 PM EDT
Investors eyeing a purchase of WestRock Co (WRK) shares, but tentative about paying the going market price of $35.27/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $32.50 strike, which has a bid at the time of this writing of $1.45..