Commit To Purchase Tucows At $15, Earn 17.2% Annualized Using Options
July 24, 2024 at 11:34 AM EDT
Investors eyeing a purchase of Tucows Inc (TCX) stock, but tentative about paying the going market price of $21.89/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2025 put at the $15 strike, which has a bid at the time of this writing of $1.50..