Commit To Buy Warby Parker At $10, Earn 10.8% Annualized Using Options
April 05, 2024 at 11:35 AM EDT
Investors considering a purchase of Warby Parker Inc (WRBY) shares, but tentative about paying the going market price of $13.19/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 $10 strike, which has a bid at the time of this writing of 85 cents..