Commit To Buy Confluent At $18, Earn 16.1% Using Options
April 16, 2024 at 13:05 PM EDT
Investors eyeing a purchase of Confluent Inc (CFLT) shares, but tentative about paying the going market price of $28.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $18 strike, which has a bid at the time of this writing of $2.90..
