Agree To Buy Qorvo At $57.50, Earn 8% Using Options
August 21, 2019 at 13:24 PM EDT
Investors considering a purchase of Qorvo Inc (QRVO) stock, but cautious about paying the going market price of $74.53/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 $57.50 strike, which has a bid at the time of this writing of $4.60..