Commit To Buy Adobe Systems At $70, Earn 4.3% Using Options
January 17, 2017 at 11:33 AM EST
Investors eyeing a purchase of Adobe Systems Inc (ADBE) stock, but cautious about paying the going market price of $107.27/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2019 put at the $70 strike, which has a bid at the time of this writing of $3.00..