Commit To Buy Tutor Perini Corp At $10, Earn 9.9% Annualized Using Options
April 24, 2024 at 12:06 PM EDT
Investors considering a purchase of Tutor Perini Corp (TPC) stock, but cautious about paying the going market price of $13.83/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 $10 strike, which has a bid at the time of this writing of 65 cents..