Commit To Buy Medtronic At $45, Earn 4.2% Using Options
January 14, 2016 at 14:20 PM EST
Investors considering a purchase of Medtronic PLC (MDT) shares, but tentative about paying the going market price of $75.32/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $45 strike, which has a bid at the time of this writing of $1.91..