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Commit To Purchase Gevo At $0.50, Earn 25.8% Annualized Using Options

Investors eyeing a purchase of Gevo Inc (GEVO) stock, but cautious about paying the going market price of $0.7314/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 $0.50 strike, which has a bid at the time of this writing of 10 cents..

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Gevo, Inc. (GEVO)