Commit To Purchase Targa Resources Corp At $25, Earn 10.2% Using Options
January 27, 2020 at 13:16 PM EST
Investors eyeing a purchase of Targa Resources Corp (TRGP) shares, but tentative about paying the going market price of $37.69/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 $25 strike, which has a bid at the time of this writing of $2.55..