Commit To Purchase Trupanion At $15, Earn 22.7% Using Options
May 08, 2024 at 11:48 AM EDT
Investors considering a purchase of Trupanion Inc (TRUP) stock, but cautious about paying the going market price of $23.75/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 $15 strike, which has a bid at the time of this writing of $3.40..