Commit To Purchase Oscar Health At $13, Earn 21.4% Annualized Using Options
August 06, 2024 at 11:35 AM EDT
Investors considering a purchase of Oscar Health Inc (OSCR) shares, but cautious about paying the going market price of $17.18/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 $13 strike, which has a bid at the time of this writing of $1.25..