Commit To Purchase Landsea Homes Corp At $12.50, Earn 27.4% Annualized Using Options
February 15, 2024 at 14:49 PM EST
Investors considering a purchase of Landsea Homes Corp (LSEA) shares, but cautious about paying the going market price of $12.56/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April put at the $12.50 strike, which has a bid at the time of this writing of 60 cents..