Commit To Buy Origin Materials At $0.50, Earn 40% Using Options
April 03, 2024 at 12:25 PM EDT
Investors eyeing a purchase of Origin Materials Inc (ORGN) stock, but cautious about paying the going market price of $0.5889/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 20 cents..