Commit To Buy Digital Turbine At $2.50, Earn 29.2% Using Options
March 13, 2024 at 13:48 PM EDT
Investors considering a purchase of Digital Turbine Inc (APPS) shares, but tentative about paying the going market price of $3.06/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 $2.50 strike, which has a bid at the time of this writing of 73 cents..
