Commit To Purchase Pra Group Inc At $15, Earn 6.6% Annualized Using Options
April 26, 2024 at 12:17 PM EDT
Investors considering a purchase of Pra Group Inc (PRAA) stock, but tentative about paying the going market price of $23.93/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $15 strike, which has a bid at the time of this writing of 65 cents..