Commit To Buy Stitch Fix At $1.50, Earn 13.3% Annualized Using Options
March 13, 2024 at 14:11 PM EDT
Investors eyeing a purchase of Stitch Fix Inc (SFIX) stock, but cautious about paying the going market price of $2.42/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 $1.50 strike, which has a bid at the time of this writing of 17 cents..