Commit To Purchase Gevo At $0.50, Earn 25.8% Annualized Using Options
April 09, 2024 at 11:29 AM EDT
Investors eyeing a purchase of Gevo Inc (GEVO) stock, but cautious about paying the going market price of $0.7314/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2025 put at the $0.50 strike, which has a bid at the time of this writing of 10 cents..