Commit To Buy Compass At $4, Earn 26.2% Using Options
July 19, 2024 at 12:09 PM EDT
Investors considering a purchase of Compass Inc (COMP) stock, but tentative about paying the going market price of $17799.60/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 $4 strike, which has a bid at the time of this writing of $1.05..