Commit To Purchase MP Materials At $5, Earn 9% Using Options
April 03, 2024 at 12:25 PM EDT
Investors eyeing a purchase of MP Materials Corp (MP) stock, but tentative about paying the going market price of $15.02/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 $5 strike, which has a bid at the time of this writing of 45 cents..
