Agree To Buy Qualcomm At $67.50, Earn 10.1% Using Options
December 11, 2019 at 12:01 PM EST
Investors eyeing a purchase of Qualcomm Inc (QCOM) shares, but cautious about paying the going market price of $86.33/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 $67.50 strike, which has a bid at the time of this writing of $6.80..