Commit To Buy Everest Group At $320, Earn 6% Annualized Using Options
April 16, 2024 at 13:06 PM EDT
Investors eyeing a purchase of Everest Group Ltd (EG) stock, but cautious about paying the going market price of $356.53/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 $320 strike, which has a bid at the time of this writing of $9.80..