Commit To Purchase TransDigm Group At $1060, Earn 5% Using Options
July 12, 2024 at 11:32 AM EDT
Investors considering a purchase of TransDigm Group Inc (TDG) stock, but cautious about paying the going market price of $1250.14/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December 2025 put at the $1060 strike, which has a bid at the time of this writing of $53.00..