Commit To Purchase AMMO At $1, Earn 16.4% Annualized Using Options
September 06, 2024 at 13:21 PM EDT
Investors considering a purchase of AMMO Inc (POWW) shares, but cautious about paying the going market price of $1.40/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2025 put at the $1 strike, which has a bid at the time of this writing of 10 cents..