Agree To Purchase General Dynamics Corp At $130, Earn 2.9% Using Options
August 21, 2019 at 13:25 PM EDT
Investors eyeing a purchase of General Dynamics Corp (GD) stock, but tentative about paying the going market price of $187.79/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 $130 strike, which has a bid at the time of this writing of $3.80..