Investors in Visa Inc (V) saw new options become available today, for the June 14th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the V options chain for the new June 14th contracts and identified one put and one call contract of particular interest.The put contract at the $175.00 strike price has a current bid of $2.07. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $175.00, but will also collect the premium, putting the cost basis of the shares at $172.93 (before broker commissions). To an investor already interested in purchasing shares of V, that could represent an attractive alternative to paying $177.00/share today.
June 14th Options Now Available For Visa
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