Commit To Purchase Petco Health & Wellness At $2, Earn 25% Using Options
March 13, 2024 at 14:11 PM EDT
Investors considering a purchase of Petco Health & Wellness Co Inc (WOOF) stock, but tentative about paying the going market price of $2.43/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $2 strike, which has a bid at the time of this writing of 50 cents..