Commit To Purchase Kenvue At $15, Earn 5.7% Using Options
April 18, 2024 at 11:36 AM EDT
Investors eyeing a purchase of Kenvue Inc (KVUE) shares, but cautious about paying the going market price of $19.40/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 $15 strike, which has a bid at the time of this writing of 86 cents..