Commit To Buy Generac Holdings At $65, Earn 3.7% Using Options
May 07, 2024 at 11:37 AM EDT
Investors considering a purchase of Generac Holdings Inc (GNRC) stock, but cautious about paying the going market price of $138.19/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $65 strike, which has a bid at the time of this writing of $2.40..