Commit To Buy Hut 8 At $12, Earn 32.5% Using Options
July 24, 2024 at 11:34 AM EDT
Investors eyeing a purchase of Hut 8 Corp (HUT) stock, but tentative about paying the going market price of $19.78/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 $12 strike, which has a bid at the time of this writing of $3.90..
