6 Cheap Options Trades on Expensive Stocks
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Have you ever had a hunch about a stock but hesitated because it was too expensive?
Stocks with price tags above 100 bucks can tie up a lot of cash. Take Google (GOOG), Apple (AAPL) or Goldman Sachs (GS) -- three of the biggest names on Wall Street. AAPL and GS will cost you nearly $200 for a share. And GOOG? You'll have to fork over more than $500 for one share. Ouch!
The trouble is that all three of these stocks are up big this year. And if you missed some of these gains because the stock was a bit too pricy, well, that's a shame. But there's another way to capture the gains in these stocks for just a fraction of the share price … options.
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