Commit To Buy Blade Air Mobility At $2, Earn 21.2% Annualized Using Options
April 04, 2024 at 11:34 AM EDT
Investors considering a purchase of Blade Air Mobility Inc (BLDE) stock, but cautious about paying the going market price of $3.41/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May put at the $2 strike, which has a bid at the time of this writing of 5 cents..