Commit To Buy SVB Financial Group At $270, Earn 6.7% Annualized Using Options
September 18, 2018 at 11:50 AM EDT
Investors considering a purchase of SVB Financial Group (SIVB) stock, but tentative about paying the going market price of $317.92/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2019 put at the $270 strike, which has a bid at the time of this writing of $7.40..