Agree To Buy Best Buy At $45, Earn 4.8% Using Options

Investors eyeing a purchase of Best Buy Inc (BBY) stock, but tentative about paying the going market price of $71.19/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $45 strike, which has a bid at the time of this writing of $2.15..