Commit To Purchase Goosehead Insurance At $35, Earn 16.3% Annualized Using Options
April 15, 2024 at 12:07 PM EDT
Investors considering a purchase of Goosehead Insurance Inc (GSHD) shares, but cautious about paying the going market price of $58.04/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $35 strike, which has a bid at the time of this writing of $1.05..