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September 01, 2020 1:29pm
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Commit To Purchase Verisign At $170, Earn 5.7% Annualized Using Options

Investors considering a purchase of Verisign Inc (VRSN) stock, but cautious about paying the going market price of $185.85/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2025 put at the $170 strike, which has a bid at the time of this writing of $6.40..
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