Commit To Buy Payoneer Global At $3, Earn 8.3% Using Options
April 05, 2024 at 11:35 AM EDT
Investors considering a purchase of Payoneer Global Inc (PAYO) stock, but cautious about paying the going market price of $4.79/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $3 strike, which has a bid at the time of this writing of 25 cents..