Commit To Buy ACM Research At $15, Earn 16.7% Using Options
April 24, 2024 at 11:26 AM EDT
Investors eyeing a purchase of ACM Research Inc (ACMR) stock, but tentative about paying the going market price of $27.86/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 $2.50..