Commit To Buy Deluxe At $2.50, Earn 3593.8% Annualized Using Options
May 13, 2024 at 13:20 PM EDT
Investors eyeing a purchase of Deluxe Corp (DLX) shares, but cautious about paying the going market price of $22.96/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $2.50 strike, which has a bid at the time of this writing of $9.60..
