Commit To Buy Regions Financial At $13, Earn 4.6% Using Options
May 16, 2024 at 11:54 AM EDT
Investors considering a purchase of Regions Financial Corp (RF) shares, but tentative about paying the going market price of $20.19/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $13 strike, which has a bid at the time of this writing of 60 cents..