Commit To Purchase VMware At $110, Earn 5.2% Using Options
October 11, 2018 at 11:26 AM EDT
Investors eyeing a purchase of VMware Inc (VMW) stock, but tentative about paying the going market price of $141.87/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $110 strike, which has a bid at the time of this writing of $5.70..