Agree To Purchase IPG Photonics Corp At $100, Earn 7.9% Annualized Using Options
September 23, 2019 at 11:47 AM EDT
Investors considering a purchase of IPG Photonics Corp (IPGP) stock, but tentative about paying the going market price of $133.35/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2020 put at the $100 strike, which has a bid at the time of this writing of $4.50..
