Commit To Buy Revolve Group At $10, Earn 11.5% Using Options
April 12, 2024 at 11:33 AM EDT
Investors considering a purchase of Revolve Group Inc (RVLV) shares, but cautious about paying the going market price of $18.94/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 $10 strike, which has a bid at the time of this writing of $1.15..