Commit To Purchase ServiceNow At $45, Earn 5% Using Options
July 14, 2015 at 11:35 AM EDT
Investors considering a purchase of ServiceNow Inc (NOW) stock, but tentative about paying the going market price of $78.19/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $45 strike, which has a bid at the time of this writing of $2.25..