Agree To Purchase Ameriprise Financial At $360, Earn 4.3% Annualized Using Options
April 17, 2024 at 11:39 AM EDT
Investors considering a purchase of Ameriprise Financial Inc (AMP) stock, but cautious about paying the going market price of $412.94/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $360 strike, which has a bid at the time of this writing of $9.00..