Commit To Purchase ADT At $5, Earn 12.6% Annualized Using Options
September 26, 2019 at 12:03 PM EDT
Investors eyeing a purchase of ADT Inc (ADT) stock, but tentative about paying the going market price of $6.36/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2020 put at the $5 strike, which has a bid at the time of this writing of 40 cents..