Commit To Purchase Stanley Black & Decker At $90, Earn 3.3% Using Options
September 05, 2019 at 15:16 PM EDT
Investors considering a purchase of Stanley Black & Decker Inc (SWK) stock, but tentative about paying the going market price of $135.39/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $90 strike, which has a bid at the time of this writing of $2.95..