Commit To Purchase Shoals Technologies Group At $5, Earn 22% Using Options
September 20, 2024 at 11:33 AM EDT
Investors eyeing a purchase of Shoals Technologies Group Inc (SHLS) shares, but cautious about paying the going market price of $6.11/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 $5 strike, which has a bid at the time of this writing of $1.10..
