Commit To Buy Stanley Black & Decker At $70, Earn 5.9% Using Options
May 16, 2024 at 11:54 AM EDT
Investors considering a purchase of Stanley Black & Decker Inc (SWK) stock, but cautious about paying the going market price of $89.77/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $70 strike, which has a bid at the time of this writing of $4.10..