Commit To Purchase Piper Sandler Companies At $75, Earn 308.6% Annualized Using Options
May 14, 2024 at 11:30 AM EDT
Investors considering a purchase of Piper Sandler Companies (PIPR) shares, but tentative about paying the going market price of $211.81/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $75 strike, which has a bid at the time of this writing of $24.10..