Agree To Purchase Lam Research Corp At $75, Earn 6.4% Using Options
August 24, 2016 at 11:42 AM EDT
Investors considering a purchase of Lam Research Corp (LRCX) stock, but cautious about paying the going market price of $93.36/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 $75 strike, which has a bid at the time of this writing of $4.80..