Agree To Purchase Extra Space Storage At $130, Earn 8.7% Annualized Using Options
May 07, 2024 at 11:37 AM EDT
Investors considering a purchase of Extra Space Storage Inc (EXR) shares, but cautious about paying the going market price of $144.46/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $130 strike, which has a bid at the time of this writing of $7.00..
