Commit To Purchase Apple At $140, Earn 4.7% Using Options
June 24, 2019 at 11:45 AM EDT
Investors considering a purchase of Apple Inc (AAPL) shares, but tentative about paying the going market price of $199.44/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2021 put at the $140 strike, which has a bid at the time of this writing of $6.60..