Commit To Purchase Sun Country Airlines Holdings At $15, Earn 16.8% Annualized Using Options
February 15, 2024 at 14:48 PM EST
Investors eyeing a purchase of Sun Country Airlines Holdings Inc (SNCY) stock, but cautious about paying the going market price of $15.73/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $15 strike, which has a bid at the time of this writing of $1.70..