Commit To Purchase SL Green Realty At $25, Earn 12.4% Using Options
March 15, 2024 at 11:51 AM EDT
Investors considering a purchase of SL Green Realty Corp (SLG) stock, but cautious about paying the going market price of $50.24/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 $25 strike, which has a bid at the time of this writing of $3.10..