Commit To Buy Frontier Group Holdings At $5, Earn 14.2% Annualized Using Options
March 15, 2024 at 11:49 AM EDT
Investors eyeing a purchase of Frontier Group Holdings Inc (ULCC) shares, but cautious about paying the going market price of $7.37/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2025 put at the $5 strike, which has a bid at the time of this writing of 60 cents..