Agree To Purchase Lockheed Martin Corp At $315, Earn 4.6% Using Options
September 11, 2019 at 11:11 AM EDT
Investors considering a purchase of Lockheed Martin Corp (LMT) stock, but cautious about paying the going market price of $383.67/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $315 strike, which has a bid at the time of this writing of $14.60..
