Commit To Buy Maxeon Solar Technologies At $2.50, Earn 54% Using Options
May 14, 2024 at 11:33 AM EDT
Investors considering a purchase of Maxeon Solar Technologies Ltd (MAXN) shares, but cautious about paying the going market price of $3.77/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2025 put at the $2.50 strike, which has a bid at the time of this writing of $1.35..