Commit To Purchase Hain Celestial Group At $9, Earn 22.2% Annualized Using Options
February 15, 2024 at 14:53 PM EST
Investors eyeing a purchase of Hain Celestial Group Inc (HAIN) shares, but tentative about paying the going market price of $9.76/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 $9 strike, which has a bid at the time of this writing of 35 cents..