Commit To Purchase Insulet At $165, Earn 16.5% Annualized Using Options
August 07, 2024 at 11:38 AM EDT
Investors considering a purchase of Insulet Corp (PODD) shares, but cautious about paying the going market price of $194.97/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $165 strike, which has a bid at the time of this writing of $10.10..