Commit To Buy FBL Financial Group At $60, Earn 5.1% Annualized Using Options
March 04, 2019 at 12:11 PM EST
Investors considering a purchase of FBL Financial Group Inc (FFG) stock, but tentative about paying the going market price of $70.02/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $60 strike, which has a bid at the time of this writing of $1.90..