Commit To Purchase SendGrid At $35, Earn 30.2% Annualized Using Options
October 31, 2018 at 11:58 AM EDT
Investors eyeing a purchase of SendGrid Inc (SEND) shares, but cautious about paying the going market price of $35.70/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2019 put at the $35 strike, which has a bid at the time of this writing of $4.90..