Commit To Buy Digital Turbine At $1, Earn 30% Using Options
December 20, 2024 at 11:57 AM EST
Investors considering a purchase of Digital Turbine Inc (APPS) shares, but tentative about paying the going market price of $1.69/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2027 put at the $1 strike, which has a bid at the time of this writing of 30 cents..