Commit To Purchase Danimer Scientific At $0.50, Earn 60% Using Options
March 19, 2024 at 12:28 PM EDT
Investors eyeing a purchase of Danimer Scientific Inc (DNMR) stock, but cautious about paying the going market price of $1.29/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 $0.50 strike, which has a bid at the time of this writing of 30 cents..