Agree To Purchase Gartner At $420, Earn 7% Annualized Using Options
May 16, 2024 at 11:52 AM EDT
Investors considering a purchase of Gartner Inc (IT) shares, but cautious about paying the going market price of $448.32/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 $420 strike, which has a bid at the time of this writing of $17.50..