Commit To Buy Northern Trust Corp At $90, Earn 3.8% Annualized Using Options
September 18, 2018 at 11:49 AM EDT
Investors considering a purchase of Northern Trust Corp (NTRS) stock, but cautious about paying the going market price of $103.90/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2019 put at the $90 strike, which has a bid at the time of this writing of $2.00..