Commit To Purchase TrueCar At $10, Earn 8% Using Options
October 03, 2018 at 11:47 AM EDT
Investors considering a purchase of TrueCar Inc (TRUE) stock, but tentative about paying the going market price of $13.53/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $10 strike, which has a bid at the time of this writing of 80 cents..
