Commit To Purchase GoPro At $1, Earn 22.7% Annualized Using Options
August 09, 2024 at 11:35 AM EDT
Investors eyeing a purchase of GoPro Inc (GPRO) stock, but cautious about paying the going market price of $1.19/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 $1 strike, which has a bid at the time of this writing of 10 cents..