Commit To Purchase Northern Trust At $57.50, Earn 2.7% Annualized Using Options
April 16, 2024 at 13:08 PM EDT
Investors considering a purchase of Northern Trust Corp (NTRS) stock, but tentative about paying the going market price of $80.39/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 $57.50 strike, which has a bid at the time of this writing of $1.05..