Commit To Buy Li-Cycle Holdings At $0.50, Earn 98.7% Annualized Using Options
March 13, 2024 at 14:11 PM EDT
Investors eyeing a purchase of Li-Cycle Holdings Corp (LICY) shares, but cautious about paying the going market price of $0.703/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April put at the $0.50 strike, which has a bid at the time of this writing of 5 cents..