Agree To Buy Aptiv At $85, Earn 10.8% Annualized Using Options
April 23, 2019 at 11:57 AM EDT
Investors eyeing a purchase of Aptiv PLC (APTV) stock, but tentative about paying the going market price of $89.28/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $85 strike, which has a bid at the time of this writing of $5.20..