Commit To Purchase EchoStar At $13, Earn 14.7% Using Options
September 20, 2024 at 11:32 AM EDT
Investors eyeing a purchase of EchoStar Corp (SATS) shares, but tentative about paying the going market price of $26.84/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 $13 strike, which has a bid at the time of this writing of $1.91..
