Commit To Buy Zillow Group At $22.50, Earn 8.2% Using Options
July 28, 2016 at 11:44 AM EDT
Investors considering a purchase of Zillow Group Inc (Z) stock, but tentative about paying the going market price of $39.02/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $22.50 strike, which has a bid at the time of this writing of $1.85..