Commit To Buy DXC Technology At $22.50, Earn 8.9% Using Options
September 23, 2019 at 11:47 AM EDT
Investors considering a purchase of DXC Technology Co (DXC) stock, but tentative about paying the going market price of $31.67/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $22.50 strike, which has a bid at the time of this writing of $2.00..