Commit To Buy Energy Vault Holdings At $1, Earn 18.5% Annualized Using Options
October 31, 2024 at 12:40 PM EDT
Investors considering a purchase of Energy Vault Holdings Inc (NRGV) shares, but tentative about paying the going market price of $1.70/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2025 put at the $1 strike, which has a bid at the time of this writing of 10 cents..