Agree To Purchase DuPont At $40, Earn 3.5% Using Options
October 20, 2016 at 11:50 AM EDT
Investors considering a purchase of DuPont (DD) stock, but tentative about paying the going market price of $69.41/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 $40 strike, which has a bid at the time of this writing of $1.38..