Commit To Purchase SiTime Corp At $100, Earn 19.2% Annualized Using Options
August 09, 2024 at 11:36 AM EDT
Investors considering a purchase of SiTime Corp (SITM) shares, but tentative about paying the going market price of $124.28/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2025 put at the $100 strike, which has a bid at the time of this writing of $10.30..
