Commit To Purchase Radius Recycling At $10, Earn 11.9% Annualized Using Options
September 06, 2024 at 12:59 PM EDT
Investors considering a purchase of Radius Recycling Inc (RDUS) stock, but cautious about paying the going market price of $14.69/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2025 put at the $10 strike, which has a bid at the time of this writing of 55 cents..