Commit To Buy Phreesia At $2.50, Earn 205.9% Annualized Using Options
June 10, 2024 at 11:35 AM EDT
Investors considering a purchase of Phreesia Inc (PHR) shares, but tentative about paying the going market price of $19.47/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $2.50 strike, which has a bid at the time of this writing of 55 cents..