Commit To Buy Frontier Communications Parent At $12.50, Earn 9.2% Using Options

Investors eyeing a purchase of Frontier Communications Parent Inc (FYBR) stock, but tentative about paying the going market price of $25.78/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December 2026 put at the $12.50 strike, which has a bid at the time of this writing of $1.15..