Commit To Purchase indie Semiconductor At $2.50, Earn 16% Using Options
September 20, 2024 at 11:34 AM EDT
Investors eyeing a purchase of indie Semiconductor Inc (INDI) stock, but tentative about paying the going market price of $3.69/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $2.50 strike, which has a bid at the time of this writing of 40 cents..