Commit To Purchase Weave Communications At $8, Earn 12.2% Annualized Using Options
April 24, 2024 at 12:05 PM EDT
Investors considering a purchase of Weave Communications Inc (WEAV) stock, but tentative about paying the going market price of $10.96/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $8 strike, which has a bid at the time of this writing of 55 cents..