Commit To Buy Cardlytics At $3, Earn 35.6% Annualized Using Options
January 28, 2025 at 11:45 AM EST
Investors eyeing a purchase of Cardlytics Inc (CDLX) stock, but tentative about paying the going market price of $3.65/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $3 strike, which has a bid at the time of this writing of 95 cents..