Commit To Purchase PowerFleet At $2.50, Earn 13.5% Annualized Using Options
August 08, 2024 at 11:40 AM EDT
Investors considering a purchase of PowerFleet Inc (AIOT) stock, but tentative about paying the going market price of $4.82/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 $2.50 strike, which has a bid at the time of this writing of 15 cents..
