Commit To Purchase Adobe At $160, Earn 2.1% Using Options
January 10, 2020 at 12:07 PM EST
Investors considering a purchase of Adobe Inc (ADBE) stock, but tentative about paying the going market price of $341.59/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2022 put at the $160 strike, which has a bid at the time of this writing of $3.35..
