Commit To Purchase Remitly Global At $15, Earn 8.9% Annualized Using Options
April 05, 2024 at 11:35 AM EDT
Investors considering a purchase of Remitly Global Inc (RELY) shares, but tentative about paying the going market price of $20.75/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $15 strike, which has a bid at the time of this writing of 95 cents..