Commit To Buy Innodata At $12.50, Earn 22% Using Options
July 19, 2024 at 12:08 PM EDT
Investors eyeing a purchase of Innodata Inc (INOD) stock, but cautious about paying the going market price of $18.02/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 $12.50 strike, which has a bid at the time of this writing of $2.75..
