Commit To Buy Apogee Enterprises At $35, Earn 719.6% Annualized Using Options
June 11, 2024 at 12:24 PM EDT
Investors eyeing a purchase of Apogee Enterprises Inc (APOG) shares, but cautious about paying the going market price of $62.22/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $35 strike, which has a bid at the time of this writing of $6.90..