Commit To Buy Catalent At $35, Earn 1.1% Using Options
March 11, 2024 at 15:17 PM EDT
Investors eyeing a purchase of Catalent Inc (CTLT) shares, but cautious about paying the going market price of $56.47/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $35 strike, which has a bid at the time of this writing of 40 cents..