Commit To Purchase Revolve Group At $17.50, Earn 14.3% Using Options
August 12, 2024 at 12:16 PM EDT
Investors considering a purchase of Revolve Group Inc (RVLV) shares, but cautious about paying the going market price of $22.21/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October 2025 put at the $17.50 strike, which has a bid at the time of this writing of $2.50..