Commit To Buy Pentair At $75, Earn 16.2% Annualized Using Options
August 19, 2021 at 11:37 AM EDT
Investors eyeing a purchase of Pentair PLC (PNR) stock, but cautious about paying the going market price of $77.97/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $75 strike, which has a bid at the time of this writing of $1.90..