Commit To Purchase Funko At $5, Earn 25% Annualized Using Options
April 15, 2024 at 12:07 PM EDT
Investors considering a purchase of Funko Inc (FNKO) shares, but tentative about paying the going market price of $5.54/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2025 put at the $5 strike, which has a bid at the time of this writing of 95 cents..