Commit To Purchase Pros Holdings At $17.50, Earn 2398.6% Annualized Using Options
May 14, 2024 at 11:30 AM EDT
Investors eyeing a purchase of Pros Holdings Inc (PRO) shares, but cautious about paying the going market price of $30.65/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $17.50 strike, which has a bid at the time of this writing of $43.70..