Commit To Purchase GigaCloud Technology At $12.50, Earn 22% Using Options
February 25, 2025 at 13:52 PM EST
Investors eyeing a purchase of GigaCloud Technology Inc (GCT) shares, but tentative about paying the going market price of $17.82/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2027 put at the $12.50 strike, which has a bid at the time of this writing of $2.75..
