Commit To Purchase Zscaler At $110, Earn 9.1% Using Options
April 15, 2024 at 11:42 AM EDT
Investors considering a purchase of Zscaler Inc (ZS) stock, but tentative about paying the going market price of $176.88/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $110 strike, which has a bid at the time of this writing of $10.05..