Commit To Buy Butterfly Network At $0.50, Earn 19.7% Annualized Using Options
April 16, 2024 at 13:05 PM EDT
Investors eyeing a purchase of Butterfly Network Inc (BFLY) stock, but tentative about paying the going market price of $0.8978/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 $0.50 strike, which has a bid at the time of this writing of 5 cents..