ConocoPhillips Has Attractive Short-Put Yields over 1% for the Next Month
Short-sellers of out-of-the-money (OTM) ConocoPhillips (COP) put options expiring in one month can make 1% or more. COP stock has fluctuated with oil prices as the war in Iran has waned. Investors can play this by shorting OTM COP puts. COP closed at $116.98 on Friday, June 12, up about 1.4%. But, it’s still down…
