Commit To Buy XPEL At $32.50, Earn 15% Annualized Using Options
August 09, 2024 at 11:28 AM EDT
Investors considering a purchase of XPEL Inc (XPEL) stock, but tentative about paying the going market price of $46.50/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2025 put at the $32.50 strike, which has a bid at the time of this writing of $2.15..