Commit To Purchase Beauty Health At $1, Earn 17.3% Annualized Using Options
July 25, 2024 at 11:33 AM EDT
Investors eyeing a purchase of Beauty Health Co (SKIN) stock, but cautious about paying the going market price of $1.78/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2025 put at the $1 strike, which has a bid at the time of this writing of 10 cents..