Commit To Purchase Montauk Renewables At $2.50, Earn 12.2% Annualized Using Options
April 22, 2024 at 12:45 PM EDT
Investors eyeing a purchase of Montauk Renewables Inc (MNTK) shares, but tentative about paying the going market price of $3.52/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $2.50 strike, which has a bid at the time of this writing of 15 cents..