Commit To Purchase Yext At $2.50, Earn 6% Using Options
April 24, 2024 at 12:02 PM EDT
Investors eyeing a purchase of Yext Inc (YEXT) shares, but tentative about paying the going market price of $5.49/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $2.50 strike, which has a bid at the time of this writing of 15 cents..