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Agree To Purchase Trimble At $75, Earn 10.1% Annualized Using Options

Investors considering a purchase of Trimble Inc (TRMB) shares, but tentative about paying the going market price of $81.63/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $75 strike, which has a bid at the time of this writing of $2.55..

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Trimble Inc. (TRMB)