Commit To Buy Chegg At $1, Earn 15% Using Options
September 20, 2024 at 11:35 AM EDT
Investors eyeing a purchase of Chegg Inc (CHGG) stock, but tentative about paying the going market price of $1.75/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December 2025 put at the $1 strike, which has a bid at the time of this writing of 15 cents..
