Agree To Buy IDEX Corporation At $210, Earn 7.7% Annualized Using Options
August 19, 2021 at 12:44 PM EDT
Investors considering a purchase of IDEX Corporation (IEX) stock, but cautious about paying the going market price of $219.16/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2022 put at the $210 strike, which has a bid at the time of this writing of $10.50..