Commit To Buy DXC Technology At $50, Earn 6.8% Using Options
April 22, 2019 at 11:52 AM EDT
Investors eyeing a purchase of DXC Technology Co (DXC) stock, but cautious about paying the going market price of $64.47/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $50 strike, which has a bid at the time of this writing of $3.40..