Commit To Purchase Beauty Health At $3, Earn 33.1% Annualized Using Options
April 16, 2024 at 13:05 PM EDT
Investors considering a purchase of Beauty Health Co (SKIN) shares, but tentative about paying the going market price of $3.56/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2025 put at the $3 strike, which has a bid at the time of this writing of 75 cents..