Commit To Buy EastGroup Properties At $95, Earn 24.7% Annualized Using Options
June 11, 2024 at 12:24 PM EDT
Investors eyeing a purchase of EastGroup Properties Inc (EGP) stock, but tentative about paying the going market price of $166.07/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $95 strike, which has a bid at the time of this writing of $6.50..
