Commit To Purchase Hashicorp At $24, Earn 21% Annualized Using Options
February 15, 2024 at 14:48 PM EST
Investors eyeing a purchase of Hashicorp Inc (HCP) shares, but tentative about paying the going market price of $24.57/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $24 strike, which has a bid at the time of this writing of $3.40..