Commit To Purchase Grindr At $7.50, Earn 14.2% Annualized Using Options
April 24, 2024 at 12:06 PM EDT
Investors considering a purchase of Grindr Inc (GRND) stock, but cautious about paying the going market price of $9.58/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $7.50 strike, which has a bid at the time of this writing of 60 cents..