Commit To Buy Deluxe Corp At $30, Earn 4.6% Annualized Using Options
January 15, 2019 at 12:01 PM EST
Investors eyeing a purchase of Deluxe Corp (DLX) stock, but cautious about paying the going market price of $42.88/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $30 strike, which has a bid at the time of this writing of 70 cents..