Commit To Buy ModivCare At $15, Earn 17.8% Annualized Using Options
April 18, 2024 at 11:33 AM EDT
Investors eyeing a purchase of ModivCare Inc (MODV) stock, but cautious about paying the going market price of $20.76/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $15 strike, which has a bid at the time of this writing of $1.80..