Commit To Purchase Howard Hughes Holdings At $50, Earn 177.6% Annualized Using Options

Investors considering a purchase of Howard Hughes Holdings Inc (HHH) shares, but tentative about paying the going market price of $67.43/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $50 strike, which has a bid at the time of this writing of $14.60..