ilmscore | Prediction Details
"by going with a cash secured put you bought Siri for 418 so you got a much better deal on the stock you got in at a 15% discount"
By ClearValue Tax | September 12, 2023 | Pending
From video
Cash Secured Puts Explained: Options Trading for Beginners 00:07:04 - 00:07:10
Interpreted Prediction
When Sirius stock falls to $4.40 after selling a cash-secured put with a $4.50 strike and receiving $0.32 premium, the effective purchase price is $4.18, representing a 15% discount from the original $4.89 price.

Prediction Details

Ticker
SIRI
Initial Price
4.28 USD

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