Commit To Purchase SiTime Corp At $220, Earn 26.7% Annualized Using Options
September 16, 2021 at 12:58 PM EDT
Investors eyeing a purchase of SiTime Corp (SITM) shares, but tentative about paying the going market price of $225.96/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2022 put at the $220 strike, which has a bid at the time of this writing of $39.60..