Agree To Buy Fortinet At $35, Earn 6.9% Using Options
July 25, 2024 at 11:35 AM EDT
Investors considering a purchase of Fortinet Inc (FTNT) stock, but tentative about paying the going market price of $57.54/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December 2026 put at the $35 strike, which has a bid at the time of this writing of $2.42..
