Commit To Buy Aurora Innovation At $1.50, Earn 23.3% Using Options
March 15, 2024 at 11:51 AM EDT
Investors eyeing a purchase of Aurora Innovation Inc (AUR) shares, but cautious about paying the going market price of $2.21/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 $1.50 strike, which has a bid at the time of this writing of 35 cents..