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Barchart
Barchart
Mark R. Hake, CFA

ConocoPhillips Stock Is Cheap - How to Make a 2.0% 1-Month Yield Shorting COP Puts

COP ConocoPhillips Barchart Yahoo Finance

ConocoPhillips (COP) stock looks undervalued based on its FCF forecasts, analysts' price targets, and its historical yield. Moreover, investors can make a one-month 2.0% yield shorting out-of-the-money put options.

COP is at $95.73 in midday trading on Friday, July 11. But it's worth significantly more. I showed that COP was worth $153.60. This article updates that analysis and a way to play it.

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