Commit To Buy TerraForm Power At $10, Earn 11.7% Annualized Using Options
September 27, 2016 at 11:40 AM EDT
Investors considering a purchase of TerraForm Power Inc (TERP) shares, but cautious about paying the going market price of $13.95/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2017 put at the $10 strike, which has a bid at the time of this writing of 55 cents..