Commit To Purchase Digital Turbine At $1.50, Earn 23.3% Using Options
July 19, 2024 at 12:08 PM EDT
Investors eyeing a purchase of Digital Turbine Inc (APPS) shares, but cautious about paying the going market price of $2.13/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 $1.50 strike, which has a bid at the time of this writing of 35 cents..
