Agree To Purchase Alphabet At $920, Earn 3.5% Using Options
March 21, 2019 at 11:58 AM EDT
Investors considering a purchase of Alphabet Inc (GOOG) shares, but tentative about paying the going market price of $1223.93/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 $920 strike, which has a bid at the time of this writing of $32.00..