Commit To Buy 2U At $20, Earn 14.5% Using Options
February 24, 2020 at 11:53 AM EST
Investors considering a purchase of 2U Inc (TWOU) stock, but cautious about paying the going market price of $25.03/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 $20 strike, which has a bid at the time of this writing of $2.90..