Commit To Buy Clean Energy Fuels At $2, Earn 17.5% Using Options
July 26, 2024 at 11:37 AM EDT
Investors eyeing a purchase of Clean Energy Fuels Corp (CLNE) stock, but cautious about paying the going market price of $2.69/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 $2 strike, which has a bid at the time of this writing of 35 cents..