Commit To Buy GrowGeneration At $1.50, Earn 20.7% Annualized Using Options

Investors considering a purchase of GrowGeneration Corp (GRWG) stock, but tentative about paying the going market price of $2.42/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2025 put at the $1.50 strike, which has a bid at the time of this writing of 15 cents..