Investors in Visa Inc (V) saw new options begin trading today, for the May 2nd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the V options chain for the new May 2nd contracts and identified one put and one call contract of particular interest.The put contract at the $222.50 strike price has a current bid of $6.15. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $222.50, but will also collect the premium, putting the cost basis of the shares at $216.35 (before broker commissions). To an investor already interested in purchasing shares of V, that could represent an attractive alternative to paying $225.59/share today.
Interesting V Put And Call Options For May 2nd
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