Commit To Purchase Tesla Motors At $100, Earn 7.5% Using Options
September 30, 2016 at 11:45 AM EDT
Investors considering a purchase of Tesla Motors Inc (TSLA) stock, but cautious about paying the going market price of $202.33/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $100 strike, which has a bid at the time of this writing of $7.55..