Commit To Purchase SolarWinds At $2.50, Earn 43800% Annualized Using Options
May 13, 2024 at 13:20 PM EDT
Investors considering a purchase of SolarWinds Corp (SWI) shares, but tentative about paying the going market price of $11.68/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May put at the $2.50 strike, which has a bid at the time of this writing of $12.00..