Agree To Purchase McKesson Corp At $140, Earn 3.7% Annualized Using Options
July 18, 2017 at 11:34 AM EDT
Investors eyeing a purchase of McKesson Corp (MCK) stock, but cautious about paying the going market price of $166.65/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2018 put at the $140 strike, which has a bid at the time of this writing of $3.00..