Agree To Buy Hudson City Bancorp At $8, Earn 2.5% Annualized Using Options
October 19, 2015 at 11:28 AM EDT
Investors considering a purchase of Hudson City Bancorp Inc (HCBK) shares, but tentative about paying the going market price of $9.69/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2016 put at the $8 strike, which has a bid at the time of this writing of 10 cents..
