Agree To Buy Realty Income Corp At $57.50, Earn 4.4% Using Options
October 13, 2021 at 11:41 AM EDT
Investors eyeing a purchase of Realty Income Corp (O) shares, but tentative about paying the going market price of $68.69/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2023 put at the $57.50 strike, which has a bid at the time of this writing of $2.55..