Commit To Buy LendingTree At $30, Earn 24.5% Annualized Using Options
April 16, 2024 at 12:47 PM EDT
Investors considering a purchase of LendingTree Inc (TREE) stock, but cautious about paying the going market price of $34.73/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $30 strike, which has a bid at the time of this writing of $5.00..