Commit To Purchase Compass At $5, Earn 67.2% Annualized Using Options
December 21, 2023 at 14:10 PM EST
Investors considering a purchase of Compass Inc (COMP) shares, but cautious about paying the going market price of $14875.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August 2024 put at the $5 strike, which has a bid at the time of this writing of $2.20..
