Agree To Buy Constellation Energy At $130, Earn 10.2% Using Options

Investors eyeing a purchase of Constellation Energy Corp (CEG) stock, but tentative about paying the going market price of $221.27/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2027 put at the $130 strike, which has a bid at the time of this writing of $13.20..