Commit To Buy Arista Networks At $145, Earn 8.8% Using Options
January 10, 2020 at 12:06 PM EST
Investors considering a purchase of Arista Networks Inc (ANET) shares, but tentative about paying the going market price of $208.37/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 $145 strike, which has a bid at the time of this writing of $12.80..
