Agree To Buy PG&E At $15, Earn 3% Using Options
October 01, 2024 at 12:44 PM EDT
Investors eyeing a purchase of PG&E Corp (PCG) shares, but tentative about paying the going market price of $19.84/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 $15 strike, which has a bid at the time of this writing of 45 cents..