Commit To Buy SMART Global Holdings At $10, Earn 12% Using Options
September 20, 2024 at 11:33 AM EDT
Investors eyeing a purchase of SMART Global Holdings Inc (SGH) shares, but cautious about paying the going market price of $19.66/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2027 put at the $10 strike, which has a bid at the time of this writing of $1.20..
