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Agree To Buy Insulet At $270, Earn 11% Annualized Using Options

Investors eyeing a purchase of Insulet Corp (PODD) stock, but cautious about paying the going market price of $285.98/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $270 strike, which has a bid at the time of this writing of $24.30..
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