Commit To Purchase Gogo At $6, Earn 14% Annualized Using Options
August 09, 2024 at 11:33 AM EDT
Investors considering a purchase of Gogo Inc (GOGO) stock, but tentative about paying the going market price of $7.66/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2025 put at the $6 strike, which has a bid at the time of this writing of 45 cents..
