Agree To Purchase Union Pacific Corp At $130, Earn 5.4% Using Options
September 23, 2019 at 11:50 AM EDT
Investors considering a purchase of Union Pacific Corp (UNP) shares, but cautious about paying the going market price of $166.37/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $130 strike, which has a bid at the time of this writing of $7.05..
