Commit To Buy Tucows At $35, Earn 8.2% Annualized Using Options
August 09, 2019 at 11:48 AM EDT
Investors eyeing a purchase of Tucows Inc (TCX) stock, but tentative about paying the going market price of $47.94/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2020 put at the $35 strike, which has a bid at the time of this writing of $1.55..