Commit To Purchase SoundThinking At $10, Earn 18.3% Annualized Using Options
September 20, 2024 at 11:33 AM EDT
Investors considering a purchase of SoundThinking Inc (SSTI) stock, but tentative about paying the going market price of $13.29/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 $10 strike, which has a bid at the time of this writing of $1.05..
