Commit To Buy Treace Medical Concepts At $5, Earn 21.2% Annualized Using Options
August 09, 2024 at 11:34 AM EDT
Investors eyeing a purchase of Treace Medical Concepts Inc (TMCI) shares, but cautious about paying the going market price of $6.07/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2025 put at the $5 strike, which has a bid at the time of this writing of 65 cents..