Commit To Purchase Cardlytics At $3, Earn 35.8% Annualized Using Options
August 12, 2024 at 12:19 PM EDT
Investors considering a purchase of Cardlytics Inc (CDLX) shares, but cautious about paying the going market price of $3.57/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2025 put at the $3 strike, which has a bid at the time of this writing of 65 cents..