Commit To Purchase Rush Street Interactive At $5, Earn 17.4% Annualized Using Options
April 05, 2024 at 11:32 AM EDT
Investors considering a purchase of Rush Street Interactive Inc (RSI) stock, but cautious about paying the going market price of $6.90/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $5 strike, which has a bid at the time of this writing of 25 cents..