Agree To Purchase Lam Research Corp At $175, Earn 5% Using Options
February 03, 2020 at 11:18 AM EST
Investors eyeing a purchase of Lam Research Corp (LRCX) shares, but cautious about paying the going market price of $306.82/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2022 put at the $175 strike, which has a bid at the time of this writing of $8.80..
