Commit To Buy Ralph Lauren Corp At $105, Earn 3.9% Using Options
April 23, 2015 at 11:36 AM EDT
Investors eyeing a purchase of Ralph Lauren Corp (RL) stock, but tentative about paying the going market price of $137.41/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $105 strike, which has a bid at the time of this writing of $4.10..