Commit To Buy TJX Companies At $47.50, Earn 5.8% Using Options
January 11, 2016 at 12:09 PM EST
Investors eyeing a purchase of TJX Companies (TJX) stock, but cautious about paying the going market price of $67.51/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $47.50 strike, which has a bid at the time of this writing of $2.75..