Investors in SPDR S&P Retail ETF (XRT) saw new options become available today, for the November 1st expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the XRT options chain for the new November 1st contracts and identified one put and one call contract of particular interest.The put contract at the $82.00 strike price has a current bid of $1.50. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $82.00, but will also collect the premium, putting the cost basis of the shares at $80.50 (before broker commissions). To an investor already interested in purchasing shares of XRT, that could represent an attractive alternative to paying $82.51/share today.
XRT November 1st Options Begin Trading
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