Commit To Purchase Harrow At $27, Earn 22.2% Annualized Using Options
August 09, 2024 at 11:45 AM EDT
Investors considering a purchase of Harrow Inc (HROW) stock, but tentative about paying the going market price of $35.48/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 $27 strike, which has a bid at the time of this writing of $2.65..