Agree To Purchase AbbVie At $55, Earn 3.2% Using Options
June 19, 2018 at 11:59 AM EDT
Investors considering a purchase of AbbVie Inc (ABBV) shares, but tentative about paying the going market price of $98.19/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 $55 strike, which has a bid at the time of this writing of $1.75..