Commit To Purchase Palantir Technologies At $15, Earn 13.1% Using Options
August 09, 2024 at 11:36 AM EDT
Investors considering a purchase of Palantir Technologies Inc (PLTR) shares, but cautious about paying the going market price of $29.81/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December 2026 put at the $15 strike, which has a bid at the time of this writing of $1.96..