Commit To Purchase TPG RE Finance Trust At $5, Earn 6.8% Annualized Using Options
April 24, 2024 at 12:07 PM EDT
Investors eyeing a purchase of TPG RE Finance Trust Inc (TRTX) shares, but tentative about paying the going market price of $7.78/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2025 put at the $5 strike, which has a bid at the time of this writing of 25 cents..