Commit To Purchase SelectQuote At $3, Earn 18.2% Annualized Using Options

Investors eyeing a purchase of SelectQuote Inc (SLQT) shares, but cautious about paying the going market price of $4.25/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 $3 strike, which has a bid at the time of this writing of 35 cents..