Commit To Purchase CommScope Holding At $1, Earn 30% Using Options
July 19, 2024 at 12:06 PM EDT
Investors considering a purchase of CommScope Holding Co Inc (COMM) shares, but tentative about paying the going market price of $1.66/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December 2025 put at the $1 strike, which has a bid at the time of this writing of 30 cents..
