Commit To Buy WestRock At $32.50, Earn 12.6% Using Options
November 12, 2019 at 11:51 AM EST
Investors considering a purchase of WestRock Co (WRK) stock, but cautious about paying the going market price of $40.13/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2022 put at the $32.50 strike, which has a bid at the time of this writing of $4.10..