Commit To Purchase Dover At $75, Earn 0.8% Annualized Using Options
May 16, 2024 at 11:52 AM EDT
Investors eyeing a purchase of Dover Corp (DOV) stock, but cautious about paying the going market price of $184.09/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $75 strike, which has a bid at the time of this writing of 20 cents..