Commit To Buy Cipher Mining At $3.50, Earn 27.1% Using Options

Investors eyeing a purchase of Cipher Mining Inc (CIFR) shares, but tentative about paying the going market price of $5.89/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 $3.50 strike, which has a bid at the time of this writing of 95 cents..