Commit To Purchase Tucows At $60, Earn 8.1% Annualized Using Options
February 08, 2019 at 11:54 AM EST
Investors eyeing a purchase of Tucows Inc (TCX) shares, but cautious about paying the going market price of $70.39/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $60 strike, which has a bid at the time of this writing of $2.50..