Commit To Buy TPI Composites At $2.50, Earn 16.8% Annualized Using Options
July 19, 2024 at 12:08 PM EDT
Investors eyeing a purchase of TPI Composites Inc (TPIC) stock, but cautious about paying the going market price of $4.46/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 $2.50 strike, which has a bid at the time of this writing of 25 cents..