Commit To Purchase News Corp At $21, Earn 8.7% Annualized Using Options
September 17, 2021 at 11:35 AM EDT
Investors eyeing a purchase of News Corp (NWSA) stock, but tentative about paying the going market price of $22.32/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2022 put at the $21 strike, which has a bid at the time of this writing of $1.05..
