Commit To Purchase Tucows At $45, Earn 5.3% Annualized Using Options
August 08, 2018 at 11:49 AM EDT
Investors considering a purchase of Tucows Inc (TCX) shares, but cautious about paying the going market price of $56.95/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2019 put at the $45 strike, which has a bid at the time of this writing of $1.25..
