Commit To Buy Sonos At $10, Earn 7% Using Options
April 15, 2024 at 12:06 PM EDT
Investors eyeing a purchase of Sonos Inc (SONO) stock, but tentative about paying the going market price of $17.18/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 $10 strike, which has a bid at the time of this writing of 70 cents..
