Commit To Buy Archer Aviation At $3, Earn 21.7% Using Options
March 11, 2024 at 15:20 PM EDT
Investors eyeing a purchase of Archer Aviation Inc (ACHR) shares, but tentative about paying the going market price of $4.81/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 65 cents..
