Commit To Purchase DexCom At $60, Earn 5.5% Using Options
July 24, 2024 at 11:34 AM EDT
Investors considering a purchase of DexCom Inc (DXCM) stock, but cautious about paying the going market price of $110.86/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2026 put at the $60 strike, which has a bid at the time of this writing of $3.30..