Commit To Purchase DENTSPLY SIRONA At $55, Earn 7.6% Annualized Using Options

Investors eyeing a purchase of DENTSPLY SIRONA Inc (XRAY) shares, but cautious about paying the going market price of $58.53/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $55 strike, which has a bid at the time of this writing of $2.75..