Agree To Purchase TransDigm Group At $228, Earn 3.6% Annualized Using Options

Investors considering a purchase of TransDigm Group Inc (TDG) stock, but cautious about paying the going market price of $285.73/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 $228 strike, which has a bid at the time of this writing of $7.70..