Commit To Buy Hilton Worldwide Holdings At $62.50, Earn 5.1% Using Options
February 19, 2019 at 12:11 PM EST
Investors eyeing a purchase of Hilton Worldwide Holdings Inc (HLT) stock, but tentative about paying the going market price of $81.39/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 $62.50 strike, which has a bid at the time of this writing of $3.20..