Commit To Purchase Dayforce At $35, Earn 2.9% Annualized Using Options
July 12, 2024 at 11:33 AM EDT
Investors considering a purchase of Dayforce Inc (DAY) stock, but tentative about paying the going market price of $52.04/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 $35 strike, which has a bid at the time of this writing of 45 cents..