Commit To Purchase Pjt Partners At $70, Earn 973.3% Annualized Using Options
May 14, 2024 at 11:30 AM EDT
Investors eyeing a purchase of Pjt Partners Inc Class A (PJT) stock, but cautious about paying the going market price of $101.50/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May put at the $70 strike, which has a bid at the time of this writing of $5.60..