Commit To Purchase PTC At $175, Earn 7.9% Annualized Using Options
April 10, 2024 at 12:57 PM EDT
Investors considering a purchase of PTC Inc (PTC) stock, but tentative about paying the going market price of $183.88/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $175 strike, which has a bid at the time of this writing of $7.20..