Agree To Buy Sherwin-Williams At $410, Earn 4.8% Using Options
December 04, 2019 at 11:53 AM EST
Investors eyeing a purchase of Sherwin-Williams Co (SHW) shares, but tentative about paying the going market price of $576.39/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2022 put at the $410 strike, which has a bid at the time of this writing of $19.90..