Commit To Buy Palo Alto Networks At $80, Earn 7.5% Using Options
April 21, 2017 at 11:55 AM EDT
Investors considering a purchase of Palo Alto Networks, Inc (PANW) stock, but cautious about paying the going market price of $108.49/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $80 strike, which has a bid at the time of this writing of $6.00..