Commit To Purchase Targa Resources At $220, Earn 14% Annualized Using Options

Targa Resources (TRGP) is trading at $236.80/share and the article highlights selling put options as an alternative strategy for investors reluctant to buy at the market price. The piece frames put selling as a way to potentially acquire shares at a lower effective price or generate premium income while waiting for a better entry.

Analysis

Targa Resources (TRGP) is trading at $236.80/share and the article highlights selling put options as an alternative strategy for investors reluctant to buy at the market price. The piece frames put selling as a way to potentially acquire shares at a lower effective price or generate premium income while waiting for a better entry.