Commit To Purchase Sleep Number At $10, Earn 21% Annualized Using Options
March 15, 2024 at 11:51 AM EDT
Investors considering a purchase of Sleep Number Corp (SNBR) shares, but cautious about paying the going market price of $13.76/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 $10 strike, which has a bid at the time of this writing of $1.25..