Commit To Buy Tutor Perini Corp At $10, Earn 13% Annualized Using Options
April 25, 2024 at 11:29 AM EDT
Investors eyeing a purchase of Tutor Perini Corp (TPC) shares, but cautious about paying the going market price of $13.62/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 $10 strike, which has a bid at the time of this writing of 85 cents..