Commit To Buy The Trade Desk At $115, Earn 11.6% Using Options
April 26, 2019 at 11:51 AM EDT
Investors eyeing a purchase of The Trade Desk Inc (TTD) stock, but cautious about paying the going market price of $215.65/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 $115 strike, which has a bid at the time of this writing of $13.30..