Commit To Buy Cognex Corp At $40, Earn 10.3% Annualized Using Options
May 09, 2019 at 11:58 AM EDT
Investors eyeing a purchase of Cognex Corp (CGNX) shares, but cautious about paying the going market price of $46.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $40 strike, which has a bid at the time of this writing of $2.15..