Commit To Buy Aspen Aerogels At $15, Earn 19.3% Using Options
July 19, 2024 at 12:09 PM EDT
Investors eyeing a purchase of Aspen Aerogels Inc (ASPN) shares, but tentative about paying the going market price of $23.59/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 $15 strike, which has a bid at the time of this writing of $2.90..