Commit To Buy Porch Group At $2.50, Earn 24.1% Annualized Using Options

Investors considering a purchase of Porch Group Inc (PRCH) shares, but cautious about paying the going market price of $4.77/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September 2025 put at the $2.50 strike, which has a bid at the time of this writing of 45 cents..