Commit To Purchase Life Time Group Holdings At $7.50, Earn 267666.7% Annualized Using Options
May 13, 2024 at 13:19 PM EDT
Investors considering a purchase of Life Time Group Holdings Inc (LTH) stock, but cautious about paying the going market price of $14.75/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 $7.50 strike, which has a bid at the time of this writing of $220.00..