Commit To Purchase SoundThinking At $10, Earn 19.6% Annualized Using Options
April 24, 2024 at 11:29 AM EDT
Investors eyeing a purchase of SoundThinking Inc (SSTI) stock, but cautious about paying the going market price of $13.26/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $10 strike, which has a bid at the time of this writing of 95 cents..