Commit To Purchase Fastly At $5, Earn 17.4% Using Options
July 25, 2024 at 11:34 AM EDT
Investors considering a purchase of Fastly Inc (FSLY) stock, but tentative about paying the going market price of $7.90/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 $5 strike, which has a bid at the time of this writing of 87 cents..