Agree To Purchase AT&T At $20, Earn 3% Using Options
April 26, 2019 at 11:52 AM EDT
Investors considering a purchase of AT&T Inc (T) shares, but cautious about paying the going market price of $30.86/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 $20 strike, which has a bid at the time of this writing of 59 cents..