Commit To Buy Desktop Metal At $1, Earn 1825% Annualized Using Options
June 11, 2024 at 12:23 PM EDT
Investors considering a purchase of Desktop Metal Inc (DM) shares, but cautious about paying the going market price of $4.67/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 $1 strike, which has a bid at the time of this writing of 50 cents..
