Agree To Buy TJX Companies At $40, Earn 4% Using Options
June 17, 2019 at 11:52 AM EDT
Investors eyeing a purchase of TJX Companies (TJX) stock, but cautious about paying the going market price of $53.99/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 $40 strike, which has a bid at the time of this writing of $1.60..