Commit To Purchase Teledyne Technologies At $270, Earn 0.1% Annualized Using Options
March 22, 2024 at 11:49 AM EDT
Investors considering a purchase of Teledyne Technologies Inc (TDY) stock, but tentative about paying the going market price of $423.43/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $270 strike, which has a bid at the time of this writing of 10 cents..