Commit To Buy Stem At $0.50, Earn 20% Using Options
June 10, 2024 at 11:36 AM EDT
Investors eyeing a purchase of Stem Inc (STEM) stock, but tentative about paying the going market price of $1.23/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $0.50 strike, which has a bid at the time of this writing of 10 cents..