Agree To Buy M & T Bank At $105, Earn 4.7% Using Options
May 16, 2024 at 11:54 AM EDT
Investors considering a purchase of M & T Bank Corp (MTB) shares, but cautious about paying the going market price of $154.75/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $105 strike, which has a bid at the time of this writing of $4.90..
