Commit To Buy Stem At $1, Earn 35% Using Options
March 11, 2024 at 15:17 PM EDT
Investors considering a purchase of Stem Inc (STEM) shares, but cautious about paying the going market price of $2.04/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $1 strike, which has a bid at the time of this writing of 35 cents..