Commit To Purchase Sysco At $75, Earn 8% Annualized Using Options
April 17, 2024 at 11:40 AM EDT
Investors eyeing a purchase of Sysco Corp (SYY) stock, but cautious about paying the going market price of $75.26/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2025 put at the $75 strike, which has a bid at the time of this writing of $4.50..
