Agree To Buy Teledyne Technologies At $430, Earn 3% Annualized Using Options
October 30, 2024 at 11:43 AM EDT
Investors eyeing a purchase of Teledyne Technologies Inc (TDY) stock, but cautious about paying the going market price of $463.52/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2025 put at the $430 strike, which has a bid at the time of this writing of $8.10..