Commit To Purchase Blackrock At $330, Earn 4.6% Using Options
December 05, 2019 at 13:13 PM EST
Investors considering a purchase of Blackrock Inc (BLK) shares, but cautious about paying the going market price of $486.89/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 $330 strike, which has a bid at the time of this writing of $15.30..