Commit To Buy Tucows At $60, Earn 12.6% Annualized Using Options
May 10, 2019 at 13:08 PM EDT
Investors considering a purchase of Tucows Inc (TCX) stock, but cautious about paying the going market price of $69.11/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 $60 strike, which has a bid at the time of this writing of $3.90..