Commit To Purchase Altus Power At $2.50, Earn 10.8% Annualized Using Options
April 26, 2024 at 12:25 PM EDT
Investors considering a purchase of Altus Power Inc (AMPS) shares, but tentative about paying the going market price of $3.64/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 $2.50 strike, which has a bid at the time of this writing of 15 cents..