Commit To Buy Insulet At $260, Earn 15.4% Annualized Using Options
November 15, 2024 at 12:21 PM EST
Investors eyeing a purchase of Insulet Corp (PODD) stock, but cautious about paying the going market price of $264.19/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July 2025 put at the $260 strike, which has a bid at the time of this writing of $26.90..