Commit To Purchase PureCycle Technologies At $1.50, Earn 33.3% Using Options
May 08, 2024 at 11:45 AM EDT
Investors considering a purchase of PureCycle Technologies Inc (PCT) shares, but tentative about paying the going market price of $4.84/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 $1.50 strike, which has a bid at the time of this writing of 50 cents..