Commit To Buy Funko At $7.50, Earn 19.9% Annualized Using Options
August 09, 2024 at 11:32 AM EDT
Investors eyeing a purchase of Funko Inc (FNKO) shares, but cautious about paying the going market price of $9.63/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $7.50 strike, which has a bid at the time of this writing of 40 cents..