Commit To Buy PayPal Holdings At $60, Earn 4.1% Using Options
February 19, 2019 at 11:53 AM EST
Investors considering a purchase of PayPal Holdings Inc (PYPL) stock, but tentative about paying the going market price of $94.50/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $60 strike, which has a bid at the time of this writing of $2.48..