Commit To Buy News Corp At $25, Earn 2.4% Annualized Using Options
February 15, 2024 at 14:49 PM EST
Investors considering a purchase of News Corp (NWS) shares, but tentative about paying the going market price of $27.81/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 $25 strike, which has a bid at the time of this writing of 40 cents..