Commit To Purchase Microvast Holdings At $0.50, Earn 24.2% Annualized Using Options
March 22, 2024 at 11:36 AM EDT
Investors eyeing a purchase of Microvast Holdings Inc (MVST) stock, but tentative about paying the going market price of $0.7098/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 $0.50 strike, which has a bid at the time of this writing of 10 cents..
