Commit To Purchase Target Corp At $45, Earn 2.7% Using Options
August 24, 2016 at 11:37 AM EDT
Investors eyeing a purchase of Target Corp (TGT) stock, but tentative about paying the going market price of $71.45/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 $45 strike, which has a bid at the time of this writing of $1.20..